SASA Polyester Sanayi A.S. To Build World’s Largest Propane Dehydrogenation Unit in Turkey Using Honeywell Oleflex™ Technology

SASA Polyester Sanayi A.S. To Build World’s Largest Propane Dehydrogenation Unit in Turkey Using Honeywell Oleflex™ Technology

DES PLAINES, Ill., JUNE 20, 2023 - Honeywell today announced that SASA Polyester Sanayi A.Ş. will build the world’s largest Propane Dehydrogenation (PDH) unit in Yumurtalık, Türkiye using the latest generation of Honeywell OleflexTM technology. The facility will have the capacity to produce 1-million-tons of propylene per year.

The Honeywell UOP Oleflex™ process is used to produce light olefins through the catalytic dehydrogenation of light paraffin and provides users with an on-purpose source of polymer grade propylene and/or isobutylene. The Honeywell UOP Oleflex™ technology is a low-energy consumption, lower-emission technology that utilizes a catalyst with recyclable platinum with lower environmental impacts relative to comparable alternatives.

The project will take place between 2023 and 2026 and includes the construction of a 1-million-ton capacity PDH production facility and liquid and container port construction.

“SASA is the first and largest polyester and polymer manufacturer of Türkiye, with a sustainable growth perspective, SASA aims to make Türkiye one of the top three polyester manufacturers in the world and to become one of the leading players on a global scale, this vision is now a reality with the help of Honeywell’s OleflexTM technology,” said İbrahim Erdemoğlu, Chairman of the Board of Erdemoğlu Holding, SASA’s majority shareholder. “This is SASA’s first technology award for our new crude oil to chemicals development and this project will allow us to develop ourselves continuously as we maintain the spirit of innovation.”

“Our OleflexTM technology enables investors like SASA to participate in the growing propylene market by producing propylene at low cash cost of production utilizing Honeywell UOP’s proprietary highly active, stable, and environmentally friendly catalyst. The OleflexTM technology is backed by more than 75 years of continuous innovation in dehydrogenation technology by Honeywell UOP,” said Bryan Glover, President, Honeywell UOP.”

Since 2011, most dehydrogenation projects globally have been based on Honeywell UOP technology, including projects for propane (C3), isobutane (iC4) and mixed C3/iC4 service. Global production capacity of propylene from OleflexTM technology currently stands at approximately 13.2 million metric tons per year, with more than 42 million metric tons of propylene per year licensed capacity.

Honeywell recently committed to achieve carbon neutrality in its operations and facilities by 2035. This commitment builds on the company's track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About 60% of Honeywell's 2022 new product introduction research and development investment was directed toward ESG-oriented outcomes for customers1.

About Honeywell

Honeywell (www.honeywell.com) delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

1 Methodology for identifying ESG-oriented solutions is available at investor.honeywell.com (see "ESG/ESG Information/Identification of ESG-Oriented Offerings").

Nicole Frett
External Communications Specialist