Cepsa to Boost Chinese Phenol Output with UOP Technology,A Honeywell Company

UOP LLC, a Honeywell company, has announced that Cepsa Chemical (Shanghai) will use UOP process technology to meet demand in China for key petrochemicals used to make plastics for the fast-growing domestic construction and automotive industries.

China is the world's largest consumer of polycarbonate plastics, representing nearly 30 per cent of global consumption. Demand is expected to grow by 13 per cent annually during the next 10 years. Cepsa Chemical (Shanghai) is majority owned by Cepsa, an integrated energy company based in Spain.

In addition to technology licensing, UOP will provide process design and start-up services for the Shanghai complex, which is expected to begin production in November 2014. The new phenol plant will be integrated with Cepsa Chemical's cumene plant, which is being built at the same site.

"UOP and Cepsa have been technological partners across the entire value chain of the refining and petrochemicals industry for nearly 40 years," said Pete Piotrowski, senior vice president and general manager of UOP's Process Technology and Equipment business unit. "Cepsa, a top global phenol producer, currently operates three UOP Phenol units in Spain and our technology has a proven track record of performance and safety in those operations."

(oilandgastechnology.net Edited by Topco)