Unique modular equipment to extract ethane and propane for petrochemicals production
DES PLAINES, Ill., April 23, 2013 — UOP LLC, a Honeywell (NYSE: HON) company, announced today that it was selected by Crosstex Processing Services, LLC, a subsidiary of Crosstex Energy, L.P., to provide technology and equipment to extract valuable petrochemical feedstocks from natural gas liquids (NGLs) derived from shale gas.
Honeywell’s UOP will build and install UOP Russell fractionation equipment that is designed to extract ethane and propane – highly in demand as petrochemical feedstocks for producing ethylene and propylene, two building blocks for plastics – from mixed natural gas liquid streams. UOP will provide Crosstex with a full turn-key solution that includes on-site installation and start-up services for the UOP Russell equipment as well as other related equipment and infrastructure.
“UOP is committed to providing efficient technologies that support the continued growth of shale gas processing and that enable producers to profitably fractionate individual NGL components from mixed natural gas liquid streams,” said Rebecca Liebert, vice president and general manager for gas processing and hydrogen at Honeywell’s UOP. “UOP Russell modular equipment allows producers to upgrade their NGLs into valuable energy products and petrochemical feedstocks with reduced field construction time and lower overall cost.”
UOP will provide Crosstex with UOP Russell deethanizer and depropanizer fractionators that are capable of handling a 100,000 barrel-per-day mixed natural gas liquids stream for the extraction of ethane and propane. The equipment will be installed at the Crosstex facility in Plaquemine, La., with start-up scheduled for 2014.
UOP offers key technologies, including UOP Russell modularized packaged plants, to enable shale and conventional natural gas producers to remove contaminants from natural gas and recover high-value natural gas liquids used for petrochemicals and fuels. UOP Russell modular equipment is factory-built to maintain tight quality control standards and significantly reduce construction time and costs.
Following Honeywell UOP’s 2012 purchase of a majority stake in Thomas Russell Co., the UOP Russell product line has offered technologies that allow shale and conventional natural gas producers to remove contaminants from natural gas and recover high-value natural gas liquids used for petrochemicals and fuel. UOP Russell offerings are part of Honeywell UOP’s Gas Processing and Hydrogen business, which offers technology, equipment, and materials to treat and process natural gas as well as to purify hydrogen used in refineries.
In addition to UOP Russell NGL separation technology solutions, Honeywell’s UOP has marketing alliances with Twister B.V., and Ortloff Engineers, Ltd., for natural gas separation technology to recover NGLs. UOP also has gas processing technologies to extract contaminants such as water, mercury, sulfur and carbon dioxide from raw natural gas. UOP developed and manufactures UOP Separex™ membrane systems and UOP Amine Guard™ FS solvent systems for acid gas removal as well as UOP MOLSIV™ adsorbent materials for water and mercury removal.
UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. and is part of Honeywell’s Performance Materials and Technologies strategic business group. For more information, go to www.uop.com.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
This release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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