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Lotte Chemical to use Honeywell technology for production of phenol and acetone in Yeosu

April 14/2021

MOSCOW (MRC) -- Honeywell announced that Lotte GS Chemical Corp. will use Honeywell UOP Q-Max, Phenol 3G, and Evonik MSHP technologies to produce more than 565,000 metric tons per year of phenol and acetone at its petrochemicals facility in Yeosu, Korea, according to Hydrocarbonprocessing.

UOP is providing a license for the technology, in addition to basic engineering design services, key equipment, catalysts and adsorbents and technical services.

As part of the project, UOP will provide a cumene unit and a phenol unit with alpha-methylstyrene (AMS) hydrogenation. The combined technologies will allow Lotte GS Chemical to produce phenol and acetone derivatives from benzene and polymer-grade propylene.

Global demand for plastics and resins such as polystyrene, styrenic resin, polycarbonate and phenolic resin is driving the need for aromatic derivatives, said Bryan Glover, vice president and general manager of Honeywell UOPs Process Technologies business. By increasing the production of phenol and acetone, Lotte raises its market position in high-margin petrochemicals and contributing to the global supply.

As MRC reported earlier, in March 2021, Honeywell announced that Hengli Petrochemical Co. Ltd. successfully used Callidus burner technology from Honeywell UOP to minimize nitrogen oxide (NOx) and carbon monoxide (CO) emissions in China, and reduce the impact of these emissions while ensuring safe and stable operations.

Along with phenol, acetone is largely used to produce bisphenol A (BPA), which, in its turn, is used in the production of plastics such as polycarbonate (PC) and epoxy resins.

According to MRC's ScanPlast report, Russia's overall consumption of PC granules (excluding exports from Belarus) totalled 8,100 tonnes in January 2021, up by 20% year on year (6,800 tonnes a year earlier). 


mrcplast.com
Author:Margaret Volkova
Tags:bisphenol a, PC, acetone, phenol, sheet extrusion, petrochemistry, Hengli Petrochemical, Honam Petrochemical, Honeywell, Lotte Chemical, China, Russia, South Korea.
Category:General News
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