Chinese petrochemical company licenses technology from Honeywell UOP and ExxonMobil to produce premium fuels and high-quality base oils
Honeywell UOP and ExxonMobil announced a technology licensing agreement with Hainan Handi Sunshine Petrochemical Co., Ltd., marking the first project in China under a joint marketing alliance for premium fuels and lubes between the two technology providers.
The integrated UOP and ExxonMobil technology platform enables Handi Sunshine to meet growing demand in China for cleaner-burning jet fuel and diesel along with high-quality Group II/III base oils, which are typically used in premium, high performance motor oils and industrial lubricants. Honeywell UOP’s hydro processing technology and ExxonMobil’s catalytic lubes de-waxing technology will be installed at the Hainan, China facility.
“The combination of UOP’s hydro processing solutions and ExxonMobil’s catalytic de-waxing technology provides a single, integrated solution for Handi Sunshine to produce fuels and lubes,” said Mike Millard, Vice President and General Manager of Honeywell UOP’s Process Technology & Equipment business. “This will help meet the growing demand in China for motor oil as well as ultra-low sulfur diesel and jet fuel.”
“The number of automobiles in China reached nearly 300 million in 2015 and is forecast to reach 600 million by 2025,” said Dave Andrew, Vice President of ExxonMobil’s Catalysts and Licensing global business. “The rapid growth of new automobiles in China is driving growth in demand for premium lube oil, which underscores the importance of this technology.”
Honeywell UOP’s hydro process and catalysts upgrade heavy fractions of crude oil to produce ultra-clean distillate products – such as diesel and jet fuel – as well as feedstock to make lube oils.
ExxonMobil’s de-waxing uses proprietary catalysts designed to reduce pour point and achieve very high levels of aromatics saturation to deliver base oils with excellent low temperature properties and long-term stability.
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