DES PLAINES, Ill., June 14, 2018 /PRNewswire/ -- Honeywell (NYSE:
HON) announced today that Shandong Wonfull Petrochemical Co., Ltd.
will use Honeywell UOP's C3 Oleflex™ propane
dehydrogenation technology to produce 250,000 metric tons per year
of polymer-grade propylene at its facility in the Huantai Economic
Development Zone in China's
Shandong Province.
Honeywell will provide licensing, the process design package,
proprietary and non-proprietary equipment, on-site operator
training, technical services for startup and continuing operation,
and catalysts and adsorbents for the project. This is the
34th award in China for
Honeywell's Oleflex technology.
"The tremendous growth in propylene production in China is being driven by surging demand for
polypropylene and other propylene derivatives that are used to make
resins, fibers and plastics," said John
Gugel, president of Honeywell UOP. "The Oleflex process
converts propane into high-quality propylene that meets the strict
purity requirements for these products."
Honeywell UOP's C3 Oleflex technology uses
catalytic dehydrogenation to convert propane to propylene and is
designed to have a lower cash cost of production and higher return
on investment among competing technologies. Its low energy
consumption, low emissions and fully recyclable,
platinum-alumina-based catalyst system minimizes its impact on the
environment. The independent reaction and regeneration sections
enable steady-state operations, improved operating flexibility, and
a high on-stream factor and reliability.
Honeywell UOP also licenses C4 Oleflex
technology, which converts butanes to butylenes, the primary
ingredient for making high-octane fuel additives and synthetic
rubber. Including this project, Honeywell UOP's Oleflex technology
has been selected for 52 out of 64 propane and isobutane
dehydrogenation projects globally since 2011.
Since the technology was first commercialized in 1990, Honeywell
UOP has commissioned 29 Oleflex units for on-purpose propylene
and isobutylene production. Global production capacity of propylene
from Oleflex technology now stands at approximately 6.8 million
metric tons per year.
Shandong Wonfull Petrochemical Group Co., Ltd. manufactures and
distributes gasoline, diesel, liquefied gas, petroleum coke,
sulfur, propylene, and other petrochemicals. Located in Guoli Town,
Zibo City, Shandong Wonfull Petrochemical Group also conducts
heating, logistics, international trade, and retail terminal
businesses.
Honeywell UOP (www.uop.com) is a leading international supplier
and licensor of process technology, catalysts, adsorbents,
equipment, and consulting services to the petroleum refining,
petrochemical, and gas processing industries. Honeywell UOP is part
of Honeywell's Performance Materials and Technologies strategic
business group, which also includes Honeywell Process Solutions
(www.honeywellprocess.com) , a pioneer in automation control,
instrumentation and services for the oil and gas, refining,
petrochemical, chemical and other industries.
Honeywell (www.honeywell.com) is a Fortune 100
software-industrial company that delivers industry specific
solutions that include aerospace and automotive products and
services; control technologies for buildings, homes, and industry;
and performance materials globally. Our technologies help
everything from aircraft, cars, homes and buildings, manufacturing
plants, supply chains, and workers become more connected to make
our world smarter, safer, and more sustainable. For more news
and information on Honeywell, please visit
www.honeywell.com/newsroom.
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SOURCE Honeywell