Honeywell to provide tech for Ascend PDH project on US Gulf Coast

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 US regulatory filing.

Honeywell UOP said that Ascend marks its 14th PDH project award since the beginning of 2011, and its seventh in North America since its C3 Oleflex technology was developed.

"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.

“The US is seeing an increase in on-purpose propylene production because of the abundance of low-cost propane from shale gas," Piotrowski added.

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

By: Stefan Baumgarten
+1 713 525 2653

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