24 May 2016
DETAILS
Company breaks ground on new facility
in Zhangjiagang City
to manufacture catalysts
for Methanol-to-Olefins technology
Breakthrough technology allows China,
other countries to tap
abundant, low-cost coal resources
to meet demand for plastics
Honeywell (NYSE: HON) announced today that
broke ground on a new manufacturing capacity
outside Shanghai to produce materials used
to convert methanol from coal into feedstocks
for making plastics, a significant milestone
to enable China to meet
the growing demand for plastics.
When it enters production in 2017,
the catalyst production line
in Zhangjiagang City in Jiangsu Province will
produce state-of-the-art catalysts used in
Honeywell UOP’s Advanced Methanol-to-Olefins (MTO)
process technology.
Honeywell UOP developed the MTO process to convert
methanol,
which can readily be produced
from coal or natural gas,
into the olefins ethylene and propylene
that are the primary chemicals
used to manufacture plastics.
The heart of the MTO process is
a proprietary catalyst
that facilitates the conversion of methanol into olefins.
Rajeev Gautam,
President and CEO
Honeywell’s Performance Materials
and Technologies business group
“MTO is an innovative, proven technology
that enables countries such as China
that are rich in coal, but which
have had to import petroleum, to make plastics,”
“Honeywell UOP has licensed
eight MTO units in China
in just the last three years, and this new facility
will allow us for the first time
to fully manufacture MTO catalysts
in China for our Chinese customers.”
Rebecca Liebert,
President and CEO of Honeywell UOP
"The Zhangjiagang facility makes it possible
for Chinese manufacturers to meet
the growing demand for petrochemicals
with Honeywell UOP technology,”
“In addition, the operations use local raw materials,
supporting economic development
in Jiangsu Province, and
incorporate zero-discharge wastewater treatment.”
WWW.CHEMWINFO.COM BY KHUN PHICHAI
