Chinese petrochemical producer selected Honeywell’s UOP C3 Oleflex process technology

Chinese company selects UOP’s process technology

11:47 AM, 23rd May 2014
Honeywell company technology

DES PLAINES, US: UOP LLC, a Honeywell company, announced that Guangdong Peng Zun Energy Development Co Ltd, a Chinese petrochemical producer, has selected Honeywell’s UOP C3 Oleflex process technology to convert propane to propylene, a valuable petrochemical used in plastics production. This will be the first propane dehydrogenation project in the Southern Guangzhou region, which is a major trade hub for Southeast Asia located near Macau and Hong Kong.

“The rise in disposable income for Asia’s middle and upper classes is increasing consumption of durable and nondurable goods made from chemicals and polymers derived from light olefins. China’s demand for propylene is expected to more than triple by 2020 from 2011 levels. The combined Oleflex projects UOP has announced since 2011, including this new project, will increase global propylene production by more than 8 million metric tons in the next three years,” said Pete Piotrowski, Senior Vice President and General Manager, Process Technology and Equipment business unit, UOP.

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