Honeywell's UOP Technology Selected for Petrochemicals Complex in Brunei Complex will be one of the largest in the world to produce aromatics, key building blocks for plastics, synthetics fibers PR Newswire DES PLAINES, Ill., April 2, 2013 DES PLAINES, Ill., April 2, 2013 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that its technology has been selected to produce key petrochemicals in a new complex in Brunei. Brunei Hengyi Industries Sdn Bhd, a subsidiary of China's Zhejiang Hengyi Group Co., will use several of Honeywell's UOP technologies to produce aromatics, which are key materials used in the production of polymers, plastics, resins and synthetic fibers such as polyester and nylon. "As the demand for aromatics grows in the region, producers are looking for ways to maximize product yields, while reducing production costs and minimizing investment costs," said Pete Piotrowski, senior vice president and general manager of Honeywell's UOP Process Technology and Equipment business unit. "UOP's integrated aromatics technology will provide the lowest energy consumption, cost of production and overall investment cost." Aromatics products derived at the facility will help meet growing demand for plastics and synthetic fibers in the region. The project, to be located in Pulau Muara Besar, Brunei Darussalam, is expected to be one of the largest aromatics complexes in the world. The project will combine a 2.2 million metric tons per annum (MMTA) hydrocracking unit, utilizing Honeywell's UOP Unicracking™ process and catalysts; a 3.3 MMTA UOP CCR Platforming™ unit; and a 1.5 MMTA UOP Parex™ unit. Additionally, the complex will license Honeywell's UOP Isomar™ process, UOP Tatoray™ process and UOP ED Sulfolane™ process at its optimized, fully integrated aromatics complex. In addition to technology licensing, Honeywell's UOP will provide engineering, training and technical services, catalysts, adsorbents, and specialty equipment for the project. Aromatics production is expected to start-up in 2015. Honeywell's UOP Unicracking process is the most versatile hydrocracking process for upgrading a variety of feedstocks to high-quality distillates such as naptha, kerosene and diesel. As an industry leader in catalytic reforming, Honeywell's UOP CCR Platforming process, combined with its reforming catalysts, selectively converts low-quality naptha to BTX (benzene, toluene and xylene) aromatics for plastics production. Honeywell's UOP Parex process effectively recovers valuable para-xylene from mixed xylenes, offering proven high product purity, high product recovery and high on-stream efficiency. Global demand for para-xylene, a building block for the production of water bottles and other products, is expected to grow by nearly 7 percent each year. Honeywell's UOP has licensed 98 complexes and more than 500 individual process units for the production of aromatics, including more than 300 CCR Platforming process units and 94 Parex process units. Hengyi Industries Sdn Bhd is headquartered in Hangzhou, Zhejiang, China. The company develops, manufactures and sells purified terephthalic acid, polyester spinning and other chemical fibers. It is the largest supplier of textile raw materials in China, ranking among the top 500 enterprises in the country. 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.uop.com Website: http://www.honeywell.com Contact: Krystal Hughes, (847) 391-3561, Krystal.Hughes@honeywell.com
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Honeywell's UOP Technology Selected for Petrochemicals Complex in Brunei
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