Technology Alliance Honeywell and ExxonMobil Form Technology Licensing Alliance
New technology union in the petroleum industry: Honeywell UOP teams up with ExxonMobil Research and Engineering to form a licensing alliance for lubricants and fuels production technologies.
Des Plaines, Illinois, USA – Honeywell UOP and ExxonMobil join forces to create a technology licensing alliance offering integrated solutions for the production of lubricant oils and fuels. Honeywell UOP, a leading supplier of the petroleum and petrochemical industry, will bring in its hydroprocessing technology, used for the production of petrochemical feedstock, while ExxonMobil Research & Engineering's technologies provides production solutions for lube base oils.
“By bringing together these two well-established portfolios, we are maximizing solutions for our customers to produce more and better products from each barrel of crude,” said Pete Piotrowski, vice president and general manager of Process Technology and Equipment for Honeywell’s UOP. “The integration of EMRE and UOP technologies allows refiners to achieve impressive yields of dewaxed fuels and lube products while optimizing their operating and capital costs.”
UOP's hydroprocessing technology (Unicracking) processes and catalysts upgrade crude oil to produce petroleum distillate products and lube oil feedstock. UOP has been developing and licensing hydroprocessing solutions, including advanced catalysts and specialty equipment, for more than 50 years, with more than 200 units licensed in over 40 countries.
ExxonMobil Research & Engineering (EMRE), a branch of petro giant Exxon Mobil, is an international supplier and technology licensor as well as serving as Exxon's research department. EMRE provides technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries.