Market Updates

Jiangsu Sailboat to Use Honeywell Technology to Produce Propylene

March, 2019

Honeywell announced that Jiangsu Sailboat will utilise Honeywell UOP's C3 Oleflex technology to produce propylene and meet the expected demand for plastics. The production is planned to be 700,000 metric tons per annum of polymer-grade propylene at its facility in Lianyungang City in China's Jiangsu Province. The existing facility which utilizes Honeywell UOP's methanol-to-olefins (MTO) process to produce ethylene and propylene of Jiangsu Sailboat is expected to be expanded. The coming facility will help meet the demand of plastics for consumer goods application owing to the additional output.

Honeywell UOP, is a leading technology provider for the oil and gas industry, will provide technical services, equipment, licensing and a process design package, on-site operator training, and catalysts and adsorbents for the project.

According to the vice president and general manager of Honeywell UOP's, the demand for plastics from China is going up and utilising UOP’s Oleflex technology is cost effective. Also, customers, such as Jiangsu find the technology to be environmentally friendly and the return of investment is mostly high.

Honeywell UOP’s Oleflex technology has been one of the major choices for propane and isobutane dehydrogenation projects globally. The global production of propylene from Oleflex technology is around 7.3 million metric tons per year. The UOP technology has licensed 31 Oleflex units for on-purpose propylene and isobutylene production.

About Jiangsu: It is a wholly-owned subsidiary company of Shenghong Holding Group. The company produces ethylene glycol, propylene, ethanolamine, and other chemical products. It is headquartered in Lianyungang City, Jiangsu province.

About Honeywell: It is a global manufacturing and technology company. The firm deals with process technology for refining and petrochemicals, specialty chemicals, electronic and advanced materials, turbochargers, automotive products, energy efficient products and solutions and various others products and services.

– Vasundhra Singh,
Assistant Research Executive,
Infoholic Research