Honeywell to Supply Technologies for Brunei Petrochemical Project
What happened
Honeywell Technologies will supply process technologies, engineering services, and proprietary equipment for the second phase of Hengyi Industries’ Pulau Muara Besar petrochemical project in Brunei. Honeywell Technologies UOP will provide technology licensing, catalysts, and engineering services for planned hydrocracking and aromatics units. Upon completion of Phase II, the PMB complex is expected to reach a crude oil processing capacity of approximately 20 million metric tons per year.
From trend.az
Why it matters
The expansion of the PMB complex is expected to strengthen Brunei's industrial value chain by increasing its petrochemical capacity. Honeywell's provision of specialized technologies and equipment supports the development of large-scale refining operations.
From trend.az
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- HoneywellSpeculative
Honeywell might see an increase in revenue from the major petrochemical project in Brunei.
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The entities involved
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Honeywell
company in the Czech Republic
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Brunei
sovereign country and sultanate on the island of Borneo in south-east Asia, member of the Commonwealth of Nations