DES PLAINES, Ill., Feb. 22, 2017 /PRNewswire/ -- Honeywell
(NYSE: HON) today announced that Jiangsu Sailboat Petrochemical
Company, Ltd. started its UOP Advanced Methanol-to-Olefins (MTO)
unit during a 10-day test to confirm successful operation. When the
full unit goes on line, it will have an annual production capacity
of 833,000 metric tons per year, making it the largest single-train
MTO unit in the world.
Located in Lianyungang City in China's Jiangsu
Province, the Sailboat facility will produce propylene for
the production of acrylonitrile, which is used to make clothing and
fabrics, and high performance polymers used in automotive parts,
hard hats and other hard plastic products. The plant also will
produce ethylene for the production of ethylene vinyl acetate
copolymers, which are used to make adhesives, foams, medical
devices, photovoltaic cells, and other products, as well as C4
olefins for the production of butadiene, an ingredient in synthetic
rubber.
"We expect China 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.
"With China's demand growth for propylene of 7 percent per year,
ethylene demand growing nearly 6 percent, and butadiene at almost 4
percent, our Advanced MTO process provides an excellent solution to
meet that demand."
Ethylene and propylene, the two most widely used components to
make plastics in the world, have traditionally been derived from
crude oil. For regions such as China that lack domestic sources of crude oil,
the Advanced MTO Technology allows for the use of other more
economical feedstocks such as coal and natural gas.
Jiangsu Sailboat chose the Advanced MTO process because it
produces the highest yields of light olefins at the lowest cost of
production, with the lowest catalyst consumption and the lowest
operating cost. In addition, the unit is configured for production
of C4 olefins, as well as ethylene and propylene.
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.
Jiangsu Sailboat Petrochemical Co., Ltd. is a wholly-owned
subsidiary company of Shenghong Holding Group, located in Xuwei new
district Industrial Park, Lianyungang City, Jiangsu province. When fully completed, the
500-hectare facility will produce about 2.5 million tons of
short-supply high-end petrochemical products annually.
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 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.honeywell.com/newsroom.
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SOURCE Honeywell