UOP LLC, a Honeywell (NYSE: HON) company, announced today that Jurong Aromatics Corp. PTE Ltd (JAC) has selected UOP to supply technology, basic engineering services and equipment for a new aromatics plant to be installed in Jurong Island, Singapore.
Basic engineering design is underway by UOP, and commissioning of the complex is scheduled for 2011. When completed, this plant will be one of the largest private-owned petrochemical facilities in Singapore.
“UOP has been working with us to develop this project from its conception, providing a complete solution that will help us to meet growing demand for fuel and petrochemical products in this region,” said JAC Director Mr. Ewe Ee Foong. “We are confident this will be among the most competitive petrochemicals facilities in the world, using the most advanced technologies, and we consider UOP to be an important partner to help us make this happen.”
Using natural gas condensate, a mixture of the liquids present in the raw natural gas from many natural gas fields, as a feedstock, the plant will produce 800,000 metric tons per annum (MTA) of para-xylene. It will also produce 200,000 MTA of ortho-xylene and 450,000 MTA of benzene, both of which are raw materials that JAC provides to downstream manufacturers of textiles and electronic appliances. The facility will also produce 2.5 million MTA of valuable fuels to supply growing demand through the region.
The JAC facility is the third world-scale aromatics complex for para-xylene production UOP has designed to be built in Singapore. Globally, UOP has licensed more than 740 individual process units for the production of aromatics.
The new facility will feature a wide range of UOP technologies to produce low-sulfur, clean fuels and high-quality aromatics. Technologies include the UOP Merox™ process and the UOP Distillate Unionfining™ processes to remove sulfur and upgrade distillate materials for the production of clean fuels. Additionally, JAC will utilize the UOP CCR Platforming™ process, UOP Parex™ process, UOP Isomar™ process, UOP Tatoray™ process and the UOP Sulfolane™ process to support the production of high purity aromatics like para-xylene, a key ingredient in the production of PTA (purified terephthalic acid) used to make polyester for fabric and PET (polyethylene terephthalate) chips for carbonated soft drink and water bottles.
JAC is majority-owned by Jurong Energy Corp. Other strategic partners include Glencore, one of the world's largest suppliers of commodities and raw materials, SK Energy, South Korea’s largest and one of the world’s leading energy and petrochemical companies with a refining capacity of 1.15 million barrels per day and Sanfanxiang (SFX), the largest polyester and PET chip producer in the People’s Republic of China.
UOP LLC, headquartered in Des Plaines, Illinois, 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 is a $34 billion 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 Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index. For additional information, please visit www.honeywell.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.
Contacts:
Susan Gross
(847) 391-2380
Susan.gross@uop.com
