23 June 2011 15:59 [Source: ICIS news]
HOUSTON (ICIS)--Abu Dhabi Oil Refining (Takreer) plans to build a propane dehydrogenation unit at a refinery in the United Arab Emirates to produce 500,000 tonnes/year of propylene, US engineering firm Honeywell said on Thursday.
Takreer's unit would be the first such project to be implemented within a refinery.
The project “is a significant milestone that indicates refineries are moving towards the production of higher-value petrochemical products to achieve the most value from their operations,” said Pete Piotrowski, senior vice president and general manager for UOP’s process technology and equipment unit.
Financial details were not disclosed.
For more on Honeywell, visit ICIS company intelligence
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