14 March 2019
ABOUT JIANGSU SAILBOAT PETROCHEMICAL
Jiangsu Sailboat Petrochemical Co., Ltd.
is a wholly-owned subsidiary company of
Shenghong Holding Group located in
Xuwei new district Industrial Park,
Lianyungang City, Jiangsu province.
When fully completed, the Sailboat olefins complex
will produce more than 2.5 million tons
of short-supply high-end petrochemical products annually.
DETAILS
Honeywell (NYSE: HON) announced today that
Jiangsu Sailboat Petrochemical Co., Ltd.
will use Honeywell UOP’s C3 Oleflex™ technology
to produce 700,000 metric tons per year of
polymer-grade propylene
at its facility in Lianyungang City
in China’s Jiangsu Province.
Jiangsu Sailboat will expand its existing facility,
which uses
Honeywell UOP’s methanol-to-olefins (MTO) process
to produce ethylene and propylene.
The facility’s additional output of propylene
will further help China meet its demand for plastics
used to make a wide range of consumer goods.
Honeywell UOP will provide
licensing and a process design package,
equipment, on-site operator training, technical services,
and catalysts and adsorbents for the project.
Honeywell UOP’s C3 Oleflex technology
uses catalytic dehydrogenation
to convert propane to propylene.
Its low-energy consumption, low-emissions and
fully recyclable, platinum-alumina-based catalyst system
helps minimize its impact on the environment.
It is designed to have a lower cash cost of production
and higher return on investment
compared to other technologies.
The independent reaction and regeneration sections
enable steady-state operations, improved operating flexibility
and a high on-stream factor and reliability.
Honeywell UOP also licenses C4 Oleflex technology,
which converts isobutane to isobutylene,
the primary ingredient for making
high-octane fuel additives and synthetic rubber.
Including this project, Honeywell UOP’s Oleflex technology
has been selected for a majority of
propane and isobutane dehydrogenation projects
globally since 2011.
The agreement with Jiangsu Sailboat
marks Honeywell’s 36th award in China
for its proprietary Oleflex technology.
Since the technology was first commercialized
nearly 30 years ago, UOP has commissioned 31 Oleflex units
for on-purpose propylene and isobutylene production.
Global production capacity of propylene
from Oleflex technology
now stands at approximately 7.3 million metric tons per year
Bryan Glover,
vice president and general manager of
Honeywell UOP’s Process Technology and Equipment business
“As demand for propylene derivatives for consumer products
in China continues to rise, UOP’s Oleflex technology
provides greater energy and cost efficiency than
other propane dehydrogenation technologies,”
“Customers such as Jiangsu Sailboat also find
the technology to be environmentally preferable
and provide a higher return on investment.”
Global media contact:
John Simley
+18473912278
john.simley@honeywell.com
China media contact:
Emily Deng
+8618221436771
Jingyin.deng@honeywell.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
