Honeywell UOP Technology Boosts Production & Flexibility for Taiyo Oil
May 27, 2015
Honeywell and Japan's Taiyo Oil Co. Ltd.have begun producing petrochemicals with UOP's Tatoray' process technology, which provides greater flexibility to produce either gasoline or valuable petrochemicals as demand changes.
Taiyo Oil licensed the process technology from UOP in 2013 for its Shikoku Operations in Japan. The new unit started production late last year and met all of its performance guarantees two weeks after start-up. The Tatoray process substantially increases production of benzene and xylenes, which are used to produce polymers and plastics.
“With domestic gasoline demand declining, Japan has become the world leader in reallocating feedstocks, such as naphtha, from making motor fuels to producing in-demand petrochemicals, making Japan one of the largest exporters of components used to make para-xylene,” said Pete Piotrowski, Senior Vice President and General Manager of UOP's Process Technology and Equipment business unit. “The Tatoray process can more than double the production of mixed xylenes, while significantly reducing the cost of production, making it one of the most economical ways to increase yields of xylenes and benzene.”