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Honeywell’s UOP & Foster Wheeler Technology Selected for Oman Refinery Expansion

August 9, 2011

DES PLAINES, Ill., Aug. 9, 2011 /PRNewswire/ — UOP LLC, a Honeywell (NYSE: HON) company, announced today that Oman Oil Refineries and Petroleum Industries (Orpic) has selected UOP/Foster Wheeler technology to help process heavy oil and expand fuel and petrochemicals production at a refinery in Sohar, Oman.

Orpic will use the UOP/Foster Wheeler Solvent Deasphalting (SDA) process technology to convert heavy crude to low-contaminant deasphalted oil, a product that is further processed in refineries to produce liquefied petroleum gas (LPG), gasoline, jet fuel, diesel and propylene. The new unit will process 2.5 million metric tonnes per year of heavy crude to significantly increase the refinery’s production of valuable petroleum products.

Honeywell’s UOP and Foster Wheeler in collaboration will provide the technology license and basic engineering package for the new unit, which is expected to start up in 2015.

“This project with allow Orpic to significantly increase its yields of transportation fuels from heavy, difficult-to-upgrade feedstocks,” said Keith Aspray, general manager for Honeywell’s UOP Middle East Company. “Together with Foster Wheeler, we have significant experience with this solution and we are confident that it will help Orpic to achieve its goals.”

The SDA process efficiently separates heavy vacuum residue by density and molecular weight instead of the more traditional boiling point method. The process produces a high-quality, low-contaminant deasphalted oil that is rich in paraffinic-type molecules used in fuels and petrochemicals production. To date, Honeywell’s UOP and Foster Wheeler have designed and licensed over 70 SDA units, ranging in size from 7,000 to 48,000 barrels per day.

“We are very pleased that Orpic has selected UOP/Foster Wheeler technology for this strategically important refinery project in the Middle East. This latest award constitutes a strong vote of confidence in the added value we deliver in heavy oil processing and continues our successful record in licensing large SDA Units,” said Umberto della Sala, chief executive officer, Foster Wheeler AG.

Orpic, owned by the Government of the Sultanate of Oman, is one of Oman’s largest companies. Its four plants located in Sohar and Muscat have a production capacity of 222,000 barrels per day of naphtha, LPG, gas oil, gasoline, fuel oil and jet oil as well as 818,000 metric tonnes of paraxylene, 198,000 metric tonnes of benzene and 350,000 metric tonnes of polypropylene per year.

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 (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 Morris Township, N.J., Honeywell’s shares are traded on the New York, London, 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.

SOURCE UOP LLC, a Honeywell company


Source: newswire



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