Honeywell UOP's Oleflex™ technology addresses supply gap
for one of the key ingredients of plastics
DES PLAINES, Ill., July 11, 2017 /PRNewswire/ -- Honeywell
(NYSE: HON) announced today that Canada Kuwait Petrochemical Corp.
(CKPC) has chosen Honeywell UOP's C3 Oleflex™ technology
to produce 550,000 metric tons per year of polymer-grade propylene
at CKPC's proposed facility in Sturgeon County near Edmonton, Alberta. CKPC is a joint venture of
Pembina Pipeline Corporation (TSX: PPL, NYSE: PBA) of Canada and Petrochemical Industries Company
K.S.C. of Kuwait.
Honeywell also will provide the process design package,
proprietary and non-proprietary equipment, on-site operator
training, technical services for startup and continuing operation,
and key catalysts and adsorbents for the project. Including this
project, Honeywell UOP's Oleflex technology has been selected for
41 out of 51 propane and isobutane dehydrogenation projects
globally since 2011.
"Historically, propylene has been produced as a byproduct of
making ethylene from petroleum, but with the influx of lighter
feedstocks, the amount of propylene from these manufacturing
processes is dramatically reduced," said John Gugel, vice president and general manager
of Honeywell UOP's Process Technology and Equipment business.
"Honeywell UOP's Oleflex process addresses the growing propylene
supply gap by producing on-purpose propylene from propane, which is
in abundant supply."
CKPC's proposed new facility is slated to consume 22,000 barrels
per day of propane from Pembina Pipeline Corporation's Redwater fractionation complex and other
regional facilities, and to produce more than 1.2 billion pounds
per year of polypropylene for customers throughout North American
and the world.
Honeywell UOP's C3 Oleflex technology uses
catalytic dehydrogenation to convert propane to propylene and is
proven to have the lowest cash cost of production and the highest
return on investment among competing technologies. Its low energy
consumption, low emissions and fully recyclable,
platinum-alumina-based catalyst system minimizes its impact on the
environment. The independent reaction and regeneration sections
enable steady-state operations, improved operating flexibility, and
a high on-stream factor and reliability.
Honeywell UOP also licenses C4 Oleflex
technology, which converts butanes to butylenes, the primary
ingredient for making high-octane fuel additives and synthetic
rubber. Since the technology was first commercialized in 1990,
Honeywell UOP has commissioned 27 Oleflex units for on-purpose
propylene and isobutylene production. Global production capacity of
propylene from Oleflex technology now stands at approximately 6.8
million metric tons per year.
CKPC is in the front-end engineering design (FEED) phase of
developing a world-scale integrated propane dehydrogenation and
polypropylene upgrading facility. The project being developed by
CKPC remains subject to a positive final investment decision from
each partner of the joint venture, as well as regulatory and
environmental approvals.
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
software-industrial company that delivers industry specific
solutions that include aerospace and automotive products and
services; control technologies for buildings, homes, and industry;
and performance materials globally. Our technologies help
everything from aircraft, cars, homes and buildings, manufacturing
plants, supply chains, and workers become more connected to make
our world smarter, safer, and more sustainable. For more news
and information on Honeywell, please visit
www.honeywell.com/newsroom.
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SOURCE Honeywell