Honeywell's UOP Technology to Improve Operational Flexibility at Key Petrochemical Plant in Japan
Revamp of existing plant focused on flexible petrochemical and gasoline production to respond to changing demands
DES PLAINES, Ill, Aug. 7, 2013 /PRNewswire/ --– UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Taiyo Oil Co. Ltd. to supply technology and catalysts to improve operational flexibility and increase petrochemical production at Taiyo's Shikoku Operations in Ehime, Japan.
The plant will install UOP Tatoray™ process technology to allow it to boost yields of certain petrochemicals by more than 70 percent, and give the plant more flexibility to produce petrochemicals or gasoline as demand changes.
"Demand for petrochemicals in Asia is growing, while gasoline demand is expected to decrease due to stricter fuel specifications and increased demand for fuel-efficient vehicles," said Pete Piotrowski, senior vice president and general manager of Honeywell's UOP Process Technology and Equipment business unit. "The Tatoray process will significantly increase mixed xylene and benzene production, allowing Taiyo to respond to the region's growing petrochemical demand, and it will give them the operational flexibility to also produce high-quality gasoline as needed. We look forward to continuing our longstanding relationship with Taiyo as we work to complete this project."
Honeywell's UOP has worked with Taiyo for nearly 30 years, and has provided almost all of the process units for its Shikoku Operations.
The new Tatoray unit is expected to produce 300,000 metric tons per year of mixed xylene and high-purity beneze, which will require no further processing. The unit is expected to start up in 2014.
The plant's existing UOP Thermal Hydro-Dealkylation (THDA) unit converts heavy aromatics such as toluene to benzene, a high-value petrochemical used in the production of polymers, plastics and high-octane gasoline. Taiyo will convert the unit to use Honeywell's UOP Tatoray process technology. Honeywell's UOP Tatoray process converts toluene and C9 aromatics to mixed
xylenes and high-purity benzene without the need for sulfolane extraction. The process can more than double mixed xylene production from a given naphtha feedstock, while significantly reducing the overall cost of production, making it one of the most economical ways to increase xylene and benzene yields in an aromatics complex.
Honeywell's UOP latest-generation Tatoray catalysts have demonstrated superior activity and stability in multiple commercial applications. These catalysts enable higher on-stream efficiency with minimum cracking and the lowest hydrogen consumption for petrochemical-grade benzene and mixed xylene production.
As of 2013, Honeywell's UOP has licensed more than 95 aromatics complexes including 60 Tatoray units.
Founded in 1941, Taiyo Oil Co. Ltd. specializes in importing, exporting, refining and marketing petroleum products. Based in Tokyo, Japan, Taiyo also manufacturers, processes and sells petrochemical-based products, including benzene and xylene, and the company explores for oil and natural gases.
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 Performance Materials and Technologies strategic business group. For more information, go to www.uop.com.
Honeywell (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; turbochargers; and performance 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 Honeywell
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