Honeywell’s UOP Selected by Russia’s Lukoil for Gasoline & Petrochemical Production Technology
Honeywell’s UOP has provided a number of process technologies that will be integrated throughout the facility to produce more than 1 million metric tons of gasoline blending components and more than 170,000 metric tons of propylene per year. In addition to technology licensing, Honeywell’s UOP and a number of its affiliates will provide engineering design, catalysts, adsorbents, equipment, staff training and technical service for the project. The new units are expected to start up in 2015.
“Refining and petrochemical integration offers many benefits, including feedstock and energy maximization, reduced investment and operating costs, and higher product yields,” said Pete Piotrowski, senior vice president and general manager of Honeywell’s UOP Process Technology & Equipment business unit. “With legislation in the Russian Federation calling for improved gasoline quality, as well as the region’s rising petrochemicals demand, UOP is pleased to offer technology solutions that work together to meet those needs. We look forward to our continued relationship with Lukoil.”