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Honeywell's UOP Technology Selected For Petrochemical Production In China



  Honeywell's UOP Technology Selected For Petrochemical Production In China

Technology will boost production of key petrochemicals to meet growing demand
in China

PR Newswire

DES PLAINES, Ill., Jan. 30, 2013

DES PLAINES, Ill., Jan. 30, 2013 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE:
HON) company, announced today that its UOP Oleflex™ process technology has
been selected by China's Longgang Chemical Co. to produce key ingredients for
fuels and synthetic rubber.

Honeywell's UOP C[4] Oleflex process will be used to convert refinery-derived
isobutane to isobutylene, a valuable petrochemical used in the production of
fuels and synthetic rubber. This is UOP's second C[4] Oleflex process license
in China. In addition to technology licensing, Honeywell's UOP will provide
basic engineering, catalysts, adsorbents, specialty equipment and engineering
for the project.

"As the demand for petrochemicals grows, especially in China, producers are
looking for ways to maximize product yields while reducing production costs,"
said Pete Piotrowski, senior vice president and general manager of Honeywell's
UOP Process Technology and Equipment business unit. "Honeywell's UOP
technology will help China meet growing demand efficiently and more
profitably. This project is yet another milestone for UOP's Oleflex
technology, and we look forward to working with Longgang Chemical."

Longgang Chemical Co. will use Honeywell's UOP technology to process 175,000
metric tons of mixed butane feedstock annually at its facility in Dongying
City, Shandong Province, China. The facility is expected to start-up in 2015.

The C[4] Oleflex process uses catalytic dehydrogenation to convert isobutane
to isobutylene. Compared with competing processes, Honeywell's UOP C[4]
Oleflex technology provides the lowest cash cost of production, the highest
return on investment and the smallest environmental footprint. The superior
performance of Honeywell's UOP technology stems from its low capital costs,
high isobutylene yields, low energy and water consumption, and use of a fully
recyclable platinum alumina-based catalyst system.

Unique to the Oleflex process, independent reaction and regeneration systems
are in place that allow continuous use of catalysts for steady-state
operations (non swing-bed), which helps maximize operating flexibility,
on-stream factor and reliability.

Since the Oleflex technology was commercialized in 1990, Honeywell's UOP has
commissioned six C[4] Oleflex units for on-purpose isobutylene production, as
well as nine C[3] Oleflex units for on-purpose propylene production.

Since 2011, Honeywell's UOP has announced 10 new Oleflex units across China,
Abu Dhabi and North America, including China's first combined C[3]/C[4]
Oleflex unit and the first C[4] Oleflex unit.

Longgang Chemical Co. Ltd. is a privately held, professional production and
chemical raw materials export enterprise located in Qingdao 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 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

Website: http://www.honeywellnow.com
Contact: Krystal Hughes, +1-847-391-3561, Krystal.Hughes@honeywell.com
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