Egypt became a net importer of gasoline in 2008, as domestic supply has not kept up with demand, which has grown by an average of 3 percent annually over the past 10 years.
"This expansion is critical as it will significantly reduce the amount of high-octane gasoline imported by Egypt," said ANRPC Chairman Ahmed Abo El Rooh. "We selected a second continuous catalytic reforming unit from Honeywell UOP, which will be delivered in modular form, to help ensure reliable operations and the shortest possible project schedule."
"A second CCR Platforming process unit will help Egypt meet its own growing demand for fuel and provide cleaner-burning, high-octane fuels to address air quality issues in large cities such as Cairo," said Mike Millard, vice president and general manager of Honeywell UOP's Process Technology and Equipment business. "Since commercializing the technology, UOP has brought more than 250 CCR Platforming units on stream worldwide, with a combined capacity of more than 6 million barrels per day."
UOP modular equipment is often ideal for remote locations, short project timelines and regions with limited resources. The modules are built under controlled conditions in fabrication shops and fully inspected prior to shipment. UOP modular equipment is designed to reduce installation time and can result in earlier start up, further improving project economics. UOP offers a full suite of modular refining equipment for a wide range of applications.
Honeywell UOP has worked with refining companies throughout the Middle East for more than 80 years. Today, there are nearly 400 UOP-designed process units operating in Egypt, Saudi Arabia, United Arab Emirates, Qatar, Oman, Bahrain, Kuwait, Iraq, Jordan and Pakistan.
Alexandria National Refining and Petrochemicals Company establishes, manages and operates refining, manufacturing and petrochemical plants to produce high-octane gasoline, LPG, propane, hydrogen, heavy naphtha and light reformate, among others. Founded in 1999, ANRPC is based in Alexandria, Egypt, and sells products domestically and internationally.
UOP LLC (www.uop.com) is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International Inc. and is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions, a pioneer in automation control, instrumentation and services for the oil and gas, refining, petrochemical, chemical and other industries.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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