DES PLAINES, Ill., Nov. 18, 2015 /PRNewswire/ -- UOP LLC, a
Honeywell (NYSE: HON) company, announced today that Shandong Luqing
Petrochemical Co. has started up a new production unit in just 20
months, leveraging Honeywell UOP technology and a pre-engineered,
fast-to-market design.
Located in Shandong Province on
China's East Coast, the new unit
will use Honeywell UOP's C4 Oleflex™ process to produce
170,000 metric tons per year of isobutylene, a key ingredient for
making high-octane fuel and synthetic rubber used in tires,
healthcare supplies and other consumer products.
"UOP's fast-to-market solution with key, pre-engineered
components enabled this project to go from kick-off to start-up in
just 20 months – about 10 to 12 months earlier than a typical
project of this size – allowing Shandong Luqing to start producing
isobutylene sooner," said Mike
Millard, vice president and general manager of UOP's Process
Technology and Equipment business unit. "With the lowest cash cost
of production and the highest return on investment, Oleflex
technology makes Luqing a more competitive player in the market for
isobutylene."
"Shandong Luqing is proud to operate the first dedicated
C4 Oleflex unit in China," said Wang Heqing, general manager at
Shandong Luqing. "Using UOP's fast-to-market design, we were able
to begin production much faster to meet the growing demand for fuel
and petrochemicals, while gaining a strong foothold in the
market."
In addition to licensing, UOP provided the engineering design,
catalysts, adsorbents, equipment, staff training and technical
service for the project.
The C4 Oleflex process uses catalytic dehydrogenation
to convert isobutane to isobutylene. The technology consistently
delivers superior performance due to its high reliability, low
energy usage, high isobutylene yields, and a fully recyclable
platinum alumina-based catalyst system using proven continuous
catalyst regeneration (CCR) technology. Last year, Hebei Xinxinyuan
Energy Co., Ltd. became the eighth producer in China to license the C4 Oleflex
process. The unit is expected to start up later this year.
In addition to the C4 Oleflex process, UOP also
licenses C3 Oleflex technology, a propane
dehydrogenation (PDH) process that converts propane to propylene.
Since the technology was commercialized in 1990, UOP has licensed
more than 40 Oleflex units worldwide, including propane
(C3), butane (C4) and mixed
C3/C4 service.
Shandong Shouguang Luqing Petrochemical Co. is an independent
integrated refiner that produces gasoline, liquefied petroleum gas,
and the gas additive MTBE.
Honeywell Performance Materials and Technologies (PMT) is a
global leader in developing advanced materials, process
technologies and automation solutions. PMT's Advanced Materials
businesses manufacture a wide variety of high-performance products,
including environmentally friendlier refrigerants and materials
used to manufacture end products such as bullet-resistant armor,
nylon, computer chips and pharmaceutical packaging. Process
technologies developed by PMT's UOP business (www.uop.com) form the
foundation for most of the world's refiners, efficiently producing
gasoline, diesel, jet fuel, petrochemicals and renewable fuels.
PMT's Process Solutions business (www.honeywellprocess.com) is a
pioneer in automation control, instrumentation and services for the
oil and gas, refining, pulp and paper, industrial power generation,
chemicals and petrochemicals, biofuels, life sciences, and metals,
minerals and mining industries.
Honeywell (www.honeywell.com) is a Fortune 100 diversified
technology and manufacturing leader, serving customers worldwide
with aerospace products and services; control technologies for
buildings, homes, and industry; turbochargers; and
performance materials. For more news and information on
Honeywell, please visit www.honeywellnow.com.
This release contains certain statements that may be deemed
"forward-looking statements" within the meaning of Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical fact, that address activities, events or
developments that we or our management intends, expects, projects,
believes or anticipates will or may occur in the future are
forward-looking statements. Such statements are based upon certain
assumptions and assessments made by our management in light of
their experience and their perception of historical trends, current
economic and industry conditions, expected future developments and
other factors they believe to be appropriate. The forward-looking
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Such forward-looking statements are not guarantees of future
performance, and actual results, developments and business
decisions may differ from those envisaged by such forward-looking
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affect our performance in our Form 10-K and other filings with the
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SOURCE Honeywell