UOP raises price for Refining & Petrochemicals catalysts
11 Sep '08
2 min read
UOP LLC, a Honeywell company, announced a price increase of up to15 percent for all catalysts used in the refining and petrochemical industries. The price adjustments are effective immediately or as contracts allow.
The products affected include UOP Platforming, Penex, Unicracking and Merox refining catalysts as well as UOP Parex, Isomar, Tatoray, Pacol, Oleflex, Q-Max and EBOne petrochemical catalysts. Price adjustments will vary by product. UOP is increasing the prices of refining and petrochemical catalysts because of the continued high cost of energy, packaging and rising raw material prices. The increases are necessary to enable new products and services that will help customers meet the current challenging environment.
UOP has been a leading supplier of refining and petrochemical catalysts since the 1930s. UOP catalysts are utilized in a wide range of processes that produce gasoline, jet fuel and ultra low sulfur diesel in oil refineries as well as para-xylene, styrene, phenol, biodegradable detergents and propylene produced in the petrochemical industry.
UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, 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 Specialty Materials strategic business group.
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