16 May 2013 15:21 [Source: ICIS news]
HOUSTON (ICIS)--Honeywell's UOP petrochemicals technology business has won a contract to provide its technology for Ascend Performance Materials’s planned propane dehydrogenation (PDH) project on the US Gulf Coast, it said on Thursday.
Honeywell UOP said that with a capacity for more than 1m tonnes/year of propylene the plant will be the world’s largest on-purpose propylene production facility after starting up in 2015.
The Ascend project, at a site near Houston, was first disclosed in February in a ?xml:namespace>
Honeywell UOP said that Ascend marks its 14th PDH project award since the beginning of 2011, and its seventh in
"Global propylene demand is growing at about 4-5% a year,” said Pete Piotrowski, senior vice president and general manager of Honeywell's UOP Process Technology and Equipment business.
Ascend Performance Materials is a nylon 6,6 (or polyamide 6,6) producer. It is owned by investment firm SK Capital Partners.
Additional reporting by Jeremy Pafford
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