DES PLAINES, Ill., March 21, 2017 /PRNewswire/ -- Honeywell
(NYSE: HON) today announced that Hindustan Petroleum
Corporation Limited (HPCL) is using technologies from Honeywell UOP
for the expansion and modernization of its refinery at
Visakhapatnam in Andhra Pradesh on the southeast coast of
India.
Included in the project are licensing, basic engineering design
and other associated services for a Penex™ isomerization unit,
which helps make cleaner burning high-octane gasoline, and a
Unicracking™ hydrocracking unit to produce cleaner burning diesel
fuel.
"HPCL chose these solutions from Honeywell UOP due to their
superior economics and our successful track record with these
technologies," said Mike Millard, VP
and general manager of Honeywell UOP's Process Technology and
Equipment business. "UOP has licensed more than 160 Penex units,
and more than 220 Unicracking units – more than any other licensor
in these applications."
The Penex process upgrades light naphtha feedstock to produce
isomerate, a cleaner gasoline blend-stock that does not contain
benzene, aromatics or olefins. The process uses Honeywell UOP's
portfolio of proven, high-activity isomerization and benzene
saturation catalysts.
The Unicracking process uses highly effective catalysts, unit
design and reactor internals to produce higher yields of
cleaner-burning fuels from a wider range of feedstocks. The unit's
fractionation section includes an innovative configuration to more
efficiently separate the products, reducing capital costs and
significantly lowering utilities and operating expense. In
addition, the unit's heavy polynuclear aromatics management allows
the unit to achieve nearly 100-percent conversion throughout the
entire cycle length.
Together, the two processes will significantly enhance HPCL's
ability to supply gasoline and diesel that meets the Indian
government's new Bharat Stage-VI clean fuels standard, and meets
growing demand for those fuels. They also improve gross refining
margins by converting low value feed stocks to high-value
transportation fuels.
India's gross domestic product
currently is growing at 7 to 8 percent, driving robust growth in
demand for gasoline -- particularly as automobile sales increase –
and diesel fuel, driven by growth in commercial and agricultural
production. To meet tightening global emissions standards, the
Indian government has proposed a 35-percent reduction in carbon
emissions by 2030 by adopting Euro-IV fuel specifications by 2017
and BS-VI (roughly equivalent to the Euro-VI specification) by
2020.
Hindustan Petroleum Corporation Limited is
a Government of India Enterprise with a Navratna
Status. Founded in 1913, it is listed on the Bombay Stock exchange
(BSE) and National Stock Exchange (NSE). HPCL owns and operates two
coastal refineries at Mumbai and Visakhapatnam along with a joint
venture refinery at Mangalore, and another at Bhatinda, Punjab. It
also operates six cross-country pipelines along with an
extensive network of terminals, depots, LPG bottling
plants, lube filling plants and aviation service
facilities.
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