Press Release
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Honeywell's UOP Announces Start-Up of Para-xylene Production Unit at Sinopec
Facility in Shanghai
Project using UOP process technology, engineering and equipment completed 30
months from inception.
DES PLAINES, Ill., Oct. 8, 2009 - UOP LLC, a Honeywell (NYSE: HON)
company, announced today that Sinopec Shanghai Petrochemical Co., Ltd. has
successfully started up a new para-xylene complex using UOP process technology
at the Sinopec facility in Shanghai.
The aromatics project was completed in just 30 months from initial kick-off
through commissioning, with UOP providing the technology license, basic
engineering, equipment packages, and key products.
"This successful start-up demonstrates what can be achieved for a large,
world-scale facility through close collaboration and thorough planning,"
said Pete Piotrowski, senior vice president for UOP's Process Technology and
Equipment business unit. "We are proud to continue our partnership with
Sinopec and will continue to build on this almost 30-year relationship to help
them meet their objectives."
"Once engineering design was complete, it took just over 18 months to
complete construction, prepare for start-up and bring the complex on
stream," said Mr. Honggen Li, senior vice president of Sinopec
Petrochemical. "This smooth and successful start-up is a perfect gift to
the nation on the 60th anniversary of the People's Republic of
China."
The new aromatics complex produces 600,000 metric tons per annum of para-xylene
using the UOP Parex™ process. Para-xylene is a key ingredient in the production
of PTA (purified terephthalic acid), which is used to make polyester for fabric
and PET (polyethylene terephthalate) chips for carbonated soft drink and water
bottles. The new plant will also produce 280,000 metric tons per annum of
benzene, another important building block in plastics production.
In addition to the Parex unit, the complex also includes a UOP CCR Platforming™
unit to convert naphtha, an oil-derived feedstock, to aromatics and hydrogen
and a UOP Isomar™ unit to convert other xylenes to para-xylene.
Sinopec Shanghai Petrochemical Co., Ltd. (SPC), a subsidiary of the China
Petroleum and Chemical Corp., commissioned its first aromatics complex in 1986
utilizing UOP's CCR Platforming, Sulfolane™, Parex, Isomar, and Tatoray™
process technologies. Globally, UOP has licensed more than 725 individual
process units for the production of aromatics.
With more than 140 million tons of refining capacity, Sinopec is the largest
producer and marketer of refined oil products in China and in Asia. It is also
the largest distributor of petrochemicals in China and is the country's second
largest producer of oil and gas.
UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading
international supplier and licensor of process technology, catalysts,
adsorbents, process plants, and consulting services to the petroleum refining,
petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary
of Honeywell International, Inc. and is part of Honeywell's Specialty Materials
strategic business group. For more information, go to www.uop.com.
Honeywell International (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; automotive products; turbochargers; and specialty materials.
Based in Morris Township, N.J., Honeywell's shares are traded on the New York,
London, and Chicago Stock Exchanges. For more news and information on
Honeywell, please visit www.honeywellnow.com.
This release contains "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act of 1934. All statements, other
than statements of fact, that address activities, events or developments that
we or our management intend, expect, project, believe or anticipate will or may
occur in the future are forward-looking statements. Forward-looking statements
are based on management's assumptions and assessments in light of past
experience and trends, current conditions, expected future developments and
other relevant factors. They are not guarantees of future performance, and
actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements are
also subject to risks and uncertainties, which can affect our performance in
both the near- and long-term. We identify the principal risks and uncertainties
that affect our performance in our Form 10-K and other filings with the
Securities and Exchange Commission.
Contact:
Susan Gross
(847) 391-2380
susan.gross@uop.com
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