Honeywell UOP Technology for Upgrading the Bottom of the Barrel Selected for Refinery Expansion in Pakistan
Published in Oil Industry News on Friday, 27 January 2012
UOP LLC, a Honeywell (NYSE: HON) company, announced today that its new process technology designed to help refiners get more high-value product from each barrel of crude oil has been selected by National Refinery Limited (NRL) to maximize diesel and lubricant production in Pakistan.
UOP's Uniflex™ processing technology was developed to help refiners processing the bottom of the barrel, the heaviest portions of a barrel of crude also known as vacuum residue, into higher-value transportation fuels. This technology can deliver 90 percent conversion of vacuum residue to transportation fuels while minimizing by-products. Traditional bottom-of-the-barrel upgrading process technologies have only been able to convert 60 to 70 percent of vacuum residue to transportation fuels.
"Uniflex technology offers the highest conversion rate of bottom-of-the-barrel crudes to high-value products available today," said Pete Piotrowski, vice president and general manager of Process Technology and Equipment for Honeywell's UOP. "Demand for low-value products such as fuel oil that are traditionally produced from these heavy residues is stagnant. At the same time, diesel demand is growing at a rate faster than all other transportation fuels. In an integrated facility like NRL's, Uniflex process technology can help refiners close this gap and increase their profitability."
The NRL facility, which is scheduled for start-up in 2016, will produce 40,000 barrels per day of diesel fuel and 4,500 barrels per day of lube base oils.
NRL will use Uniflex technology to upgrade its heavy residue into high-value distillate products. Of particular value to NRL is the high yield of diesel from the Uniflex technology, which is nearly double that of competing residue conversion technologies. The technology will be integrated with UOP Unionfining™ hydroprocessing solutions to process distillates into high-quality diesel fuel and naphtha into high-quality feedstock used for gasoline production.
Vacuum gas oil from the facility will also be converted to diesel and lube base oils using UOP's Unicracking™ technology and fuels dewaxing technology provided by an alliance between Honeywell's UOP and ExxonMobil Research & Engineering Company (EMRE). The alliance, formed in 2011, brings together EMRE technology for lube base oils production with UOP hydroprocessing solutions, which produce the high-quality feedstocks needed for lubricant production.
UOP has provided process technology and solutions to Pakistan since the 1930s when its Dubbs Cracking process technology was licensed to Attock Refinery Ltd., part of the Attock Group of companies, which also owns NRL.
NRL operates three refineries and a petrochemicals plant in Pakistan, including the only lube production facility in the region, and processes almost 2.5 million tons of crude 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 Performance Materials and Technologies strategic business group.
Honeywell 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.
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
Wed 4 Mar 2015 Saudi Ups Official Oil Prices Amid Signs of Stronger Demand
Published: Wed 4 Mar 2015 in Oil Industry News.
Saudi Arabia raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday, in the latest signal OPEC's largest exporter is seeing signs of stronger dem...
Tue 3 Mar 2015 Exxon Mobil Plan $7 Billion Bond Sale
Published: Tue 3 Mar 2015 in Oil Industry News.
Exxon Mobil Corp. plans to sell as much as $7 billion of bonds in what would be its largest ever debt deal and the biggest energy-related offering since the plunge in crude prices.The world’s largest ...
Thu 26 Feb 2015 U.S. Oil Inventories Surge for Seventh Week
Published: Thu 26 Feb 2015 in Oil Industry News.
After a jump of 2 percent, they're at an 80-year highCrude oil in storage in the U.S. jumped 2 percent, to 434 million barrels, according to EIA weekly data released today, Feb. 25. The increase o...
Oil and Gas News Archive