Honeywell Unveils Advanced Olefin Production Process
New NEP Technology Enhances Efficiency and Sustainability in Light Olefin Production
Honeywell has introduced an innovative process designed to boost the efficiency and sustainability of light olefin production. The newly launched naphtha to ethane and propane (NEP) technology enables the generation of customizable amounts of ethane and propane from naphtha and/or LPG feedstocks. This process significantly increases the output of high-value ethylene and propylene while minimizing the production of lower-value by-products, compared to traditional mixed-feed steam cracking units, leading to improved net cash margins. Moreover, an NEP-based olefins complex can reduce CO2 intensity per metric ton of light olefins produced by 5 to 50% compared to conventional methods.
Boosting Efficiency and Reducing Emissions
Matt Spalding, vice president and general manager of Honeywell Energy and Sustainability Solutions in MENA, highlighted the competitive pressures and raw material challenges faced by the petrochemical industry. He noted that Honeywell’s new technology facilitates more efficient production of high-demand chemicals like ethylene and propylene while also helping to lower carbon emissions. This NEP technology is part of Honeywell’s Integrated Olefin Suite, aimed at enhancing light olefin production.