DES PLAINES, Ill., May 3, 2016 /PRNewswire/ -- Honeywell (NYSE:
HON) announced today that the first commercial installation of its
UOP MaxEne Process successfully entered production at Sinopec
Yangzi Petrochemical Company's (YPC) integrated refinery and
petrochemical facility in Nanjing,
China.
The new technology from Honeywell UOP generates substantially
higher yields of the chemical components used to make plastics, and
has processed more than 2.5 million metric tons of naphtha feed
since entering production, meeting all of its performance criteria,
including yield quality and quantity.
The facility is a cooperative project between the company and
Sinopec to jointly commercialize the process based on Honeywell
UOP's pilot plant technology. In addition to licensing, Honeywell
UOP provided the basic engineering, key equipment, adsorbents and
technical support for the unit.
"The success of first commercial installation at Sinopec YPC
demonstrates how MaxEne technology can help producers to make
better use of limited naphtha, improve petrochemical yields and
increase profitability," said Mike
Millard, vice president and general manager of Honeywell
UOP's Process Technology and Equipment business unit. "Through
collaboration with YPC, Sinopec Tech and Sinopec Engineering, we
advanced the boundaries of the technology to better meet the
growing demand for petrochemicals and transportation fuels."
"We are glad to be the partner with Honeywell UOP for the first
commercial installation of MaxEne technology," said Xie Zaiku,
Chief Director of Sinopec's department of Science and Technology.
"Sinopec is among the leading forces for transforming the Chinese
oil and gas industry to be environmentally responsible while
driving commercial excellence. Honeywell UOP's focus on hydrocarbon
molecule management helps Chinese players like Sinopec to
seamlessly integrate refining and petrochemical complexes and make
the best use of our resources."
Worldwide, naphtha is the most common feedstock used for
the production of gasoline, aromatics and light olefins such as
ethylene and propylene. But refiners lack the flexibility to switch
production between these products.
The MaxEne process separates full-range naphtha into a stream
rich in normal paraffins, and a second stream of iso-paraffins,
naphthenes and aromatics. The normal paraffins are ideal for steam
crackers because they produce high yields of light olefins. The
remaining components are perfect for catalytic reforming units
because they produce high yields of aromatics, which are the
building blocks for solvents, detergents and other materials. The
process results in up to a 40 percent higher yield of ethylene from
an existing naphtha cracker with no loss in propylene. It also
produces 5 percent more reformate for blending into gasoline or up
to 10 percent more aromatics.
The new process is the latest technology in the family of
Honeywell UOP Sorbex™ adsorptive separation processes. Honeywell
UOP has licensed more than 100 process units based on its
world-leading Sorbex technology.
Sinopec Yangzi Petrochemical Co. Ltd. (formerly Yangzi
Petrochemical Co., Ltd.) is a wholly-owned subsidiary under the
China Petroleum & Chemical Corporation. The company is
primarily engaged in refining crude oil, and producing and
marketing hydrocarbon derivatives. It is one of the largest
suppliers of pure benzene, para-xylene, ortho-xylene, PTA,
polyethylene, polypropylene, ethylene glycol, butadiene and
ethylene oxide in China.
Sinopec Tech (formerly Sinopec Technology Company) is a holding
subsidiary of China Petroleum & Chemical Corporation (SINOPEC)
that licenses proprietary refining and petrochemical technologies,
and provides technical services, including engineering and
consulting to clients worldwide.
Honeywell Performance Materials and Technologies (PMT) is a
global leader in developing advanced materials, oil and gas
processing technologies and industrial automation solutions. PMT's
Advanced Materials businesses manufacture a variety of
high-performance products, including environmentally friendlier
refrigerants and materials used to manufacture products such as
bullet-resistant armor, nylon, computer chips and pharmaceutical
packaging. Process technologies and equipment from PMT's Honeywell
UOP business (www.uop.com) are the foundation for the world's oil
and gas industry, efficiently producing gasoline, diesel, jet fuel,
petrochemicals, natural gas 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
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economic and industry conditions, expected future developments and
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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
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affect our performance in our Form 10-K and other filings with the
Securities and Exchange Commission.
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SOURCE Honeywell