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State-owned Hindsutan Petroleum Corp Ltd (HPCL) has selected Honeywell's technologies for the expansion and modernisation of its refinery at Visakhapatnam in Andhra Pradesh.
Included in the project are licensing, basic engineering design and other associated services for a Penex isomerisation unit, which helps make cleaner burning high-octane gasoline, and a Unicracking hydrocracking unit to produce cleaner burning diesel fuel, Honeywell said in a statement.
"HPCL chose these solutions from Honeywell UOP due to their superior economics and our successful track record with these technologies," said Steve Gimre, Managing Director, Honeywell UOP India. "UOP has licensed more than 160 Penex units, and more than 220 Unicracking units - more than any other licensor in these applications."
The Penex process upgrades light naphtha feedstock to produce isomerate, a cleaner gasoline blend-stock that does not contain benzene, aromatics or olefins. The process uses Honeywell UOP's portfolio of proven, high-activity isomerization and benzene saturation catalysts.
The Unicracking process uses highly effective catalysts, unit design and reactor internals to produce higher yields of cleaner-burning fuels from a wider range of feedstocks.
"Together, the two processes will significantly enhance HPCL's ability to supply gasoline and diesel that meets the Indian government's new Bharat Stage-VI clean fuels standard, and meets growing demand for those fuels. They also improve gross refining margins by converting low value feed stocks to high-value transportation fuels," the statement said.
India's gross domestic product currently is growing at 7 to 8 per cent, driving robust growth in demand for gasoline -- particularly as automobile sales increase - and diesel fuel, driven by growth in commercial and agricultural production.
To meet tightening global emissions standards, the government has proposed a 35 per cent reduction in carbon emissions by 2030 by adopting Euro-IV fuel specifications by 2017 and BS-VI (roughly equivalent to the Euro-VI specification) by 2020.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)