11 July 2017
ABOUT PEMBINA PIPELINE CORPORATION
ABOUT Petrochemical Industries Company K.S.C ("PIC")
DETAILS
Honeywell (NYSE: HON) announced today that
Canada Kuwait Petrochemical Corp. (CKPC)
has chosen Honeywell UOP’s C3 Oleflex™ technology
to produce 550,000 metric tons per year
of polymer-grade propylene
at CKPC’s proposed facility
in Sturgeon County near Edmonton, Alberta.
CKPC is a joint venture of
Pembina Pipeline Corporation(TSX: PPL, NYSE: PBA) of Canada
and Petrochemical Industries Company K.S.C. of Kuwait.
Honeywell also will provide
* the process design package,
* proprietary and non-proprietary equipment,
* on-site operator training,
* technical services for startup and continuing operation,
* and key catalysts and adsorbents for the project.
Including this project, Honeywell UOP’s Oleflex technology
has been selected for 41 out of 51
propane and isobutane dehydrogenation projects globally since 2011.
CKPC’s proposed new facility is slated
to consume 22,000 barrels per day of propane
from Pembina Pipeline Corporation’s Redwater fractionation complex
and other regional facilities, and to produce
more than 1.2 billion pounds per year of polypropylene
for customers throughout North American and the world
John Gugel,
vice president and general manager of Honeywell UOP’s
Process Technology and Equipment business
“Historically, propylene has been produced
as a byproduct of making ethylene from petroleum,
but with the influx of lighter feedstocks,
the amount of propylene from these manufacturing processes
is dramatically reduced,”
“Honeywell UOP’s Oleflex process addresses
the growing propylene supply gap
by producing on-purpose propylene from propane,
which is in abundant supply.”
Contact:
John Simley
847-391-2278
john.simley@honeywell.com
SOURCE Pembina Pipeline Corporation
WWW.CHEMWINFO.COM BY KHUN PHICHAI
