DES PLAINES, Ill., Dec. 1, 2015 /PRNewswire/ -- Honeywell
(NYSE: HON) announced today that LUXI Chemical Group Co.,
Ltd. selected Honeywell process technology and automation controls
to convert coal to key ingredients used to make plastics.
LUXI will use Honeywell UOP's Advanced Methanol-to-Olefins (MTO)
process to convert methanol derived from gasified coal into 293,000
metric tons per year of ethylene and propylene at its facility in
Liaocheng, Shandong Province,
China. The operations will be
managed by a suite of automation and control technologies from
Honeywell Process Solutions (HPS).
Global demand for ethylene and propylene is growing 4 to 5
percent per year. Traditionally, these petrochemicals are produced
from crude oil. The MTO process allows producers in regions without
abundant domestic supplies of crude to produce key plastic
ingredients from natural gas or coal, which are often more abundant
and cheaper.
"The technology to turn methanol from coal into plastics has
been well-proven in China, which
is expected to invest more than $100
billion in coal-to-chemicals technology in the next five
years," said Mike Millard, vice
president and general manager of UOP's Process Technology and
Equipment business. "Eight companies in China have chosen UOP's Advanced MTO
technology, representing a total capacity of nearly 3.2 million
metric tons per year."
The automation and control systems at the plant, which will be
supplied by HPS, contain proprietary UOP operating models to
improve operating efficiency. The suite of solutions includes the
Experion® Process Knowledge System (PKS) and Safety
Manager.
"Combining UOP process technology with HPS automation and
controls will help LUXI maximize its return on investment for the
entire project lifecycle – from startup to reaching and maintaining
peak performance," said Aldous Wong,
HPS vice president, Greater China.
"As competition continues to grow, it is critical that facilities
maximize production while lowering total cost of ownership."
Honeywell UOP's Advanced MTO process combines the UOP/Hydro MTO
process and the Total/UOP Olefin Cracking process to significantly
increase yields and feedstock efficiency. The process converts
methanol from coal and natural gas into ethylene and propylene. At
the heart of the technology are UOP's proprietary catalysts, which
make it possible to efficiently adjust the ratio of propylene and
ethylene produced, so operators can most effectively meet demand
for those products. In addition, the Advanced MTO process offers
the lowest operating cost, quick and efficient start-up, and
operational reliability.
Experion® PKS is the heart of the Integrated Control
and Safety Systems (ICSS), which offers more than traditional
distributed control systems (DCS), enabling seamless integration of
all process control and safety systems and automation software
under one unified architecture. Safety Manager integrates process
safety data, applications, system diagnostics and critical control
strategies, and executes defined safety applications in a fully
redundant architecture.
LUXI Chemical Group Co., Ltd. was founded in 1998 and is part of
LUXI Group, a large state-owned enterprise involved in chemicals,
fertilizers, chemical equipment and chemical engineering
design.
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
statements included in this release are also subject to a number of
material risks and uncertainties, including but not limited to
economic, competitive, governmental, and technological factors
affecting our operations, markets, products, services and prices.
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
statements. We identify the principal risks and uncertainties that
affect our performance in our Form 10-K and other filings with the
Securities and Exchange Commission.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/honeywell-technology-helping-chinese-company-tap-crude-oil-alternatives-to-meet-growing-demand-for-plastics-300185676.html
SOURCE Honeywell