UOP Selected To Provide Technology For Propylene Production In China

UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Zhejiang Julong Petrochemical Co. Ltd (ZJLPC) to provide key technology for a new unit to produce propylene at its facility in Pinghu City, Zhejiang Province, China.

Honeywell's UOP will provide engineering design, technology licensing, catalysts, adsorbents, equipment, staff training and technical service for the project. The unit is expected to start up in 2013 and to produce 450,000 metric tons of propylene per year.

China's propylene consumption accounts for more than 15 percent of worldwide demand and is growing at about 5 to 6 percent per year.

"This project is a significant milestone for UOP because it is the first propane dehydrogenation unit we have licensed in China," said Pete Piotrowski, senior vice president for UOP's process technology and equipment business unit. "We are pleased to work with Zhejiang Julong Petrochemical on this project and to provide the technology that will help meet the world's growing propylene demand."

Bichao Lv, general manager for ZJLPC, said, "We look forward to working with UOP to adopt this technology at the Zhejiang Julong Petrochemical plant, which will add propylene to our product portfolio."

November 29, 2011

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