Honeywell's UOP Selected to Provide Technology for Petrochemicals Production in China

DES PLAINES, Ill., Aug. 25, 2011 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Jiangsu Haili Chemical Industry Co., Ltd. to provide key technologies to produce propylene, cumene and phenol at its facility in Dafeng City, Jiangsu Province, China.

The facility will use UOP C3 Oleflex™ process technology to convert propane to propylene, a substance used in the production of materials such as films and packaging. Additionally, the UOP Q-Max™ and UOP Phenol™ process technologies will be integrated to convert cumene to phenol, a building block for materials such as plastic and nylon.

The new units, expected to start up in 2014, will produce 510,000 metric tons of propylene, 473,000 metric tons of cumene and 360,000 metric tons of phenol annually. UOP will provide engineering design, technology licensing, catalysts, adsorbents, equipment, staff training and technical service for the project.

"The demand for propylene and phenol is growing around the world.  In China particularly, many petrochemical producers are investing in new capacity to be able to supply both their domestic and foreign customers," said Pete Piotrowski, senior vice president for Process Technology and Equipment at Honeywell's UOP. "This project signifies our continued commitment toward providing advanced technology solutions that will help meet the growing demand, and we look forward to working with Jiangsu Haili Chemical on this timely initiative."

The Oleflex process uses catalytic dehydrogenation to convert propane to propylene. Compared to competing PDH processes, Oleflex technology provides the lowest cash cost of production and the highest return on investment, enabled by low operating and capital costs, high propylene yield and reliability, and maximum operating flexibility. Since the technology was commercialized in 1990, UOP has commissioned nine C3 Oleflex units for on-purpose propylene production with the 10th unit scheduled to start-up in 2012 in Russia. Earlier this year, UOP announced similar projects with Zhejiang Julong Petrochemical Co. Ltd., also located in China and Abu Dhabi Oil Refining Co. (Takreer), located in Abu Dhabi.

The UOP Q-Max process produces high-quality cumene through the alkylation of benzene with propylene. The cumene produced is then processed using the UOP Phenol process to produce high-quality phenol with low feedstock and utility requirements. The Q-Max process is currently used to produce more than 3.5 million metric tons of cumene each year, and the Phenol process is currently used in more than 16 units worldwide with a total installed capacity of more than two million metric tons per year.

Jiangsu Haili Chemical Industry Co., Ltd. is a fully owned subsidiary of Shandong Haili Chemical Industry Co., Ltd., which is headquartered in Zibo City, Shandong Province, China.

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.

SOURCE UOP LLC, a Honeywell company

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