Honeywell has opened a new manufacturing facility in China to produce state-of-the-art catalysts used to make components for plastics production.
This new site in Zhangjiagang City, Jiangsu Province, has begun production of catalysts used to covert propane to propylene as traditional sources for this product shrink. The catalysts are used in the Oleflex™ process developed by Honeywell’s UOP, a global leader in technology for the oil and gas industries. Over the past four years, UOP has licensed its Oleflex technology to 30 producers globally, including 25 in China. The first two of these new plants came online in China last year. Oleflex is the leading technology for converting propane to propylene. Compared with alternative technologies, it offers higher yields, lower production costs and higher investment returns, with the smallest environmental footprint.
“This is another important milestone for Honeywell as we invest in capacity to meet strong customer demand for our game-changing technologies,” said Darius Adamczyk, President and CEO of Honeywell Performance Materials and Technologies. “This investment will support our growth while helping China meet growing domestic and global demand for propylene.”
Honeywell announced its plans to add this manufacturing capacity in October 2013. The facility is located in an established, world-class industrial park about 85 miles northwest of Shanghai. In addition to Oleflex catalysts, the site will produce adsorbent materials used in applications including refining and petrochemical production and natural gas processing. Honeywell also is planning production of materials for other fast-growing technologies at the site.
“This campus enables Honeywell to help Chinese petrochemical producers meet global demand for propylene with UOP’s Oleflex technology,” said Scott Zhang, Vice President and General Manager for Honeywell Performance Materials and Technologies in Asia. “These manufacturing operations use local raw materials, supporting the area economy and the sustainable economic development of Jiangsu Province.”