China: Licensing Agreement with Hainan Handi Honeywell and Exxon Mobil Announce Joint Project in China
Honeywell UOP and Exxon Mobil announced a technology licensing agreement with Hainan Handi Sunshine Petrochemical, marking the first project in China under a joint marketing alliance for premium fuels and lubes between the two technology providers.
Hainan/China – The integrated UOP and Exxon Mobil technology platform is intended to enable Handi Sunshine to meet growing demand in China for cleaner-burning jet fuel and diesel along with high-quality Group II/III base oils, which are typically used in premium, high performance motor oils and industrial lubricants. Honeywell UOP’s Unicracking technology and Exxon Mobil’s MSDW catalytic lubes de-waxing technology will be installed at the Hainan,China facility.
“The combination of UOP’s hydro processing solutions and ExxonMobil’s catalytic de-waxing technology provides a single, integrated solution for Handi Sunshine to produce fuels and lubes,” said Mike Millard, Vice President and General Manager of Honeywell UOP’s Process Technology & Equipment business. “This will help meet the growing demand in China for motor oil as well as ultra-low sulfur diesel and jet fuel.”
“The number of automobiles in China reached nearly 300 million in 2015 and is forecast to reach 600 million by 2025,” said Dave Andrew, Vice President of Exxon Mobil’s Catalysts and Licensing global business.
The patented unicracking process and catalysts upgrade heavy fractions of crude oil to produce ultra-clean distillate products – such as diesel and jet fuel – as well as feedstock to make lube oils.
Hainan Handi Sunshine Petrochemical was founded in 2006 in China’s Hainan Yangpu Economic Development Zone. Its products include general Group II and Group III base oils, insulating oils, industrial-grade white oils, cosmetic white oils and other types of special oil.