Petrochemical Engineering Masters

Honeywell's UOP Selected by Adu Dhabi Oil Refining Company to Provide ...

The new propane dehydrogenation (PDH) unit will use UOP's C3 Oleflex ™ technology to convert propane to propylene, a material used in the production of materials such as films and packaging. The unit is expected to produce 500,000 metric tons of propylene per year.

UOP will provide engineering design, technology licensing, catalysts, adsorbents and equipment for the project, which is expected to start up by the end of 2013.

"This is the world's first PDH unit to be implemented within a refinery, a significant milestone that indicates refineries are moving toward production of higher-value petrochemical products to achieve the most value from their operations," said , general manager for Takreer, said, "We look forward to continued collaboration with UOP, which will help meet the world's growing demand for propylene and also help strengthen our business regionally."

The UOP Oleflex process uses catalytic dehydrogenation to convert propane to propylene. Compared to competing PDH processes, Oleflex provides the lowest cash cost of production and the highest return on investment, enabled by low operating and capital costs, high propylene yield and reliability, and maximum operating flexibility. Since the technology was commercialized in 1990, UOP has commissioned nine C3 Oleflex units for on-purpose propylene production.

Honeywell's UOP was recently selected by Takreer to provide process technology for its Ruwais facility, also located in the , USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. and is part of Honeywell's Specialty Materials strategic business group. For more information, go to www.uop.com .

Honeywell International ( www.honeywell.com ) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in , and Chicago Stock Exchanges.  For more news and information on Honeywell, please visit www.honeywellnow.com .

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

Shaanxi Yanchang Petroleum (Group) Co., Ltd. and KBR Announce ...

HOUSTON - Friday, June 24th 2011 [ME NewsWire]

(BUSINESS WIRE)– Shaanxi Yanchang Petroleum (Group) Co., Ltd (Yanchang Petroleum Group) and KBR, Inc. today announced they have signed an agreement to create a Joint-Venture company in the People’s Republic of China. The purpose of the Joint-Venture will be to market, sell, deliver and support Veba Combi Cracker (VCC) technology, under KBR’s collaboration agreement for the technology with BP.

The Joint-Venture will be operated by the Yanchang Petroleum Group’s subsidiary company Beijing Petrochemical Engineering Co., Ltd (BPEC) and by KBR’s Technology Business Unit.

VCC technology is a hydrogen addition technology suitable for processing refinery residuum, coal tar and coal oil mixtures into high-quality distillates or synthetic crude oil in the refining, upstream field upgrading and coal-to-liquids (CTL).

“The option to convert unconventional feedstocks such as heavy oil, coal-tar and coal-oil mixtures will be key in meeting China’s transport fuel demand for the next 25 years,” said Mr. Liu Chunquan President of BPEC. “VCC is a highly competitive process for maximising transport fuel yield from heavy oil and coal. We are very pleased to be collaborating with KBR on the use of VCC in China to maximize liquid fuel yields, whilst minimising environmental impacts of heavy and unconventional feedstocks.”

“The formation of a Joint-Venture with the Yanchang Group is consistent with KBR Technology’s growth strategy for our bottom of the barrel refining technologies. The strength of this Joint-Venture lies in the synergies between KBR’s technology, the Yanchang Petroleum Group’s resources and BPEC’s engineering expertise. We look forward to jointly pursuing commercial opportunities for VCC Technology throughout China,” said John Derbyshire, President, KBR Technology.

The Yanchang Petroleum Group is one of the four qualified enterprises granted rights for oil and gas exploration in China. The Yanchang Group has rich resources of coal and coal tar with current coal tar production of 3 million tons / year which will exceed 6 million tons / year within 5 years. The Yanchang Group’s refining and processing capacity exceeds 15,000,000 tons / year producing gasoline, diesel and about 3 million tons/year of heavy oil (residue).

BPEC is a 51% owned subsidiary of the Yanchang Petroleum Group and has a class A engineering design, engineering consulting license for chemical and petrochemical industry as well as the EPC General Contractor, Project Management Consulting (PMC) certificate issued by the Chinese central government.

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