SHANDONG BINHUA SELECTS HONEYWELL TECHNOLOGY FOR ON-PURPOSE PROPYLENE PRODUCTION IN CHINA
06/12/2019 Honeywell Process Solutions
New facility expands Honeywell's growing footprint with Oleflex™ technology in regionHoneywell has announced that Shandong Binhua New Material Co., Ltd. will use Honeywell UOP's C3 Oleflex™ technology to produce 600,000 metric tons per year of polymer-grade propylene for a proposed plant in China.
Honeywell UOP, a leading technology provider for the oil and gas industry, will provide services, equipment, catalysts and adsorbents for the Shandong plant. The project marks the 25th award for C3 Oleflex technology in China, which has seen exponential growth and demand for propylene, a key plastics ingredient.
Since 2011, most dehydrogenation projects globally have been based on UOP technology, including projects for propane (C3), isobutane (iC4) and mixed C3/ iC4 service. Global production capacity of propylene from Oleflex technology currently stands at approximately 7.8 million metric tons per year.
"The increasing consumption of plastics globally has generated substantial demand for propylene," said Bryan Glover, vice president and general manager, Honeywell UOP's Petrochemicals and Refining Technologies. "Our Oleflex technology will help Shandong Binhua, a regional leader in propylene oxide production, meet the demand for propylene derivatives in China by creating a consistent supply of on-purpose propylene."
Honeywell UOP's C3 Oleflex technology uses catalytic dehydrogenation to convert propane to propylene and is designed to have a lower cash cost of production and higher return on investment compared to competing dehydrogenation technologies. Oleflex's low-energy consumption, low-emissions and fully recyclable, platinum-alumina-based catalyst system also helps minimize impact on the environment. The independent reactor and regeneration design helps maximize operating flexibility and onstream reliability.
For more information, please visit: www.uop.com
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