Honeywell (HON) has signed two agreements with Chinese partners to advance cooperation in China’s oil and gas and aviation industries. The two agreements were signed during US President Donald Trump’s visit to China and in the presence of representatives of US and Chinese government, as well as executives from the related companies.
“Honeywell has made a longstanding commitment to China, and we greatly value our presence here. We are committed to being the Chinese competitor, and to providing world-class products and solutions to the Chinese marketplace,” said Shane Tedjarati, president of Honeywell global high growth regions.
Oriental Energy to collaborate with Honeywell UOP on PDH projects
Honeywell UOP and Oriental Energy Co Ltd have signed a memorandum of understanding on the adoption of UOP’s C3 Oleflex units in Oriental Energy’s five new propane dehydrogenation (PDH) projects to help convert propane into propylene.
The total propylene production capacity for those five projects combined will reach 3 million tons per year, helping Oriental Energy become the largest on-purpose PDH producer in the world. These projects will all be located in coastal cities, including Ningbo and Lianyungang.
Honeywell (HON) has signed two agreements with Chinese partners to advance cooperation in China’s oil and gas and aviation industries. The two agreements were signed during US President Donald Trump’s visit to China and in the presence of representatives of US and Chinese government, as well as executives from the related companies.
“Honeywell has made a longstanding commitment to China, and we greatly value our presence here. We are committed to being the Chinese competitor, and to providing world-class products and solutions to the Chinese marketplace,” said Shane Tedjarati, president of Honeywell global high growth regions.
Oriental Energy to collaborate with Honeywell UOP on PDH projects
Honeywell UOP and Oriental Energy Co Ltd have signed a memorandum of understanding on the adoption of UOP’s C3 Oleflex units in Oriental Energy’s five new propane dehydrogenation (PDH) projects to help convert propane into propylene.
The total propylene production capacity for those five projects combined will reach 3 million tons per year, helping Oriental Energy become the largest on-purpose PDH producer in the world. These projects will all be located in coastal cities, including Ningbo and Lianyungang.
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