China’s Jiutai licenses Honeywell’s MTO tech for olefins project

20 September 2012 17:07  [Source: ICIS news]

HOUSTON (ICIS)--Chinese chemicals producer Jiutai Energy has licensed Honeywell UOP's methanol-to-olefins (MTO) technology for a planned project that will produce a combined 600,000 tonnes/year of ethylene and propylene, Honeywell said on Thursday.

In addition, US-based petrochemical technology firm Honeywell UOP will provide basic engineering, catalysts, adsorbents, specialty equipment, technical services and training for Jiutai’s project at Ordos City in China’s Inner Mongolia province, it said.

The project is expected to start up in 2014.

In 2011, Honeywell announced a similar project with China's Wison (Nanjing) Clean Energy Company.

Honeywell's MTO process converts methanol from gasified coal or natural gas to produce high yields of ethylene and propylene.

The technology allows producers in countries such as China to tap abundant coal resources, rather than more expensive petroleum, to produce petrochemicals, Honeywell said.

"UOP's MTO process will allow Jiutai to use methanol derived from cheaper and abundant coal to maximise yields of high-value petrochemicals, reduce operating costs and expand its presence in China's growing ethylene and propylene markets," said Pete Piotrowski, senior vice president and general manager of Honeywell's UOP Process Technology & Equipment business unit.

Financial terms of the contract with Jiutai were not disclosed.

By: Stefan Baumgarten
+1 713 525 2653

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