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Project(s): View 8 related projects in PECWeb
Plant(s): View 6 related plants in PECWeb
Released October 18, 2019 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Honeywell International (NYSE:HON) (Morris Plains, New Jersey), which specializes in engineering and automation services, holds a commanding position in North America's development of fossil fuel-derived chemical products, as well as petroleum and chemical refining. Industrial Info is tracking nearly $39 billion worth of global projects involving Honeywell's services, with more than $30 billion attributed to projects in Texas and Canada.
Click on the image at right for a graph detailing Honeywell's active U.S. and Canadian projects, by industrial sector.
The Lone Star State accounts for 18 of the 46 U.S.-based projects involving Honeywell that currently are tracked in Industrial Info's project database, but 93% of those projects' total investment value. One of the highest-valued is Motiva Enterprises LLC's (Houston, Texas) $1.9 billion aromatics unit at a refinery in Port Arthur, one of the key industrial spots along the always-busy Texas Gulf Coast. Motiva, a U.S.-based subsidiary of Saudi Aramco (Riyadh, Saudi Arabia), settled on the existing Port Arthur facility after searching for a suitable location to produce benzene and paraxylene, utilizing Honeywell's extraction and production technology.
Late last month, Motiva said that, pending final regulatory approval, it will close its purchase of the Port Arthur plant on October 31. But the company added that it likely would prioritize the construction of a separate polyethylene unit over that of the aromatics unit. For more information, see Industrial Info's project report.
Texas also is a top destination for Honeywell's efforts in the cryogenic natural gas-processing market, with the Permian Basin as a haven for natural gas and natural gas liquid (NGL) resources. Vaquero Midstream's (The Woodlands, Texas) $150 million Train III at its processing plant in Coyanosa, which sits at the heart of the Permian, is in its earliest construction stage and is expected to wrap up next summer, when the $150 million Train IV is scheduled to kick off. Honeywell's UOP Russell subsidiary is providing key technological components. For more information, see Industrial Info's project reports on Train III and Train IV.
On the eastern side of the Permian, UOP Russell is providing similar services to two plants under construction: West Texas Gas Incorporated's (Midland, Texas) $120 million St. Lawrence plant in Big Lake and Cogent Midstream's (Dallas, Texas) $120 million Train II at the Big Lake plant in Big Lake. Like the two Coyanosa projects, each of these units is expected to process 200 million standard cubic feet per day of natural gas, with Cogent's unit doubling production at its facility. Cogent's addition is expected to wrap up late this year, and West Texas Gas' project next summer. For more information, see Industrial Info's reports on the West Texas Gas and Cogent projects.
Another gas-processing project proposed in the Permian has faced a longer line of hurdles: EnLink Midstream LLC's (NYSE:ENLC) (Dallas, Texas) $100 million Train II at its Riptide plant in Tarzan, Texas. The project, which would double the facility's production to 200 million standard cubic feet per day, has faced years of delays, but flickered to life earlier this summer when EnLink signed two new commercial contracts to onload additional natural gas processing volumes. Benjamin Lamb, the chief operating officer of EnLink, recently told investors that the Riptide expansion "is an extremely efficient way to create some capacity to capture a medium-term processing opportunity in North Texas." For more information, see Industrial Info's project report.
In Canada, Honeywell is at work on a pair of high-value projects for Inter Pipeline Limited (TSX:IPL) (Calgary, Alberta): a $1.3 billion propane dehydrogenation (PDH) plant in Fort Saskatchewan, Alberta, which would produce 1.1 billion pounds per year of propylene from 22,000 barrels per day (BBL/d) of propane, and a proposed second unit that would double capacity to 2.2 billion pounds per year. The first PDH unit is under construction and is scheduled to wrap up in late 2021; the second unit is scheduled to begin construction nine months later. For more information, see Industrial Info's project reports on the first unit and proposed second unit.
Honeywell also plays a role in $17 million worth of maintenance-related projects in the U.S. Chemical Processing and Industrial Manufacturing industries through 2021; click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
The Lone Star State accounts for 18 of the 46 U.S.-based projects involving Honeywell that currently are tracked in Industrial Info's project database, but 93% of those projects' total investment value. One of the highest-valued is Motiva Enterprises LLC's (Houston, Texas) $1.9 billion aromatics unit at a refinery in Port Arthur, one of the key industrial spots along the always-busy Texas Gulf Coast. Motiva, a U.S.-based subsidiary of Saudi Aramco (Riyadh, Saudi Arabia), settled on the existing Port Arthur facility after searching for a suitable location to produce benzene and paraxylene, utilizing Honeywell's extraction and production technology.
Late last month, Motiva said that, pending final regulatory approval, it will close its purchase of the Port Arthur plant on October 31. But the company added that it likely would prioritize the construction of a separate polyethylene unit over that of the aromatics unit. For more information, see Industrial Info's project report.
Texas also is a top destination for Honeywell's efforts in the cryogenic natural gas-processing market, with the Permian Basin as a haven for natural gas and natural gas liquid (NGL) resources. Vaquero Midstream's (The Woodlands, Texas) $150 million Train III at its processing plant in Coyanosa, which sits at the heart of the Permian, is in its earliest construction stage and is expected to wrap up next summer, when the $150 million Train IV is scheduled to kick off. Honeywell's UOP Russell subsidiary is providing key technological components. For more information, see Industrial Info's project reports on Train III and Train IV.
On the eastern side of the Permian, UOP Russell is providing similar services to two plants under construction: West Texas Gas Incorporated's (Midland, Texas) $120 million St. Lawrence plant in Big Lake and Cogent Midstream's (Dallas, Texas) $120 million Train II at the Big Lake plant in Big Lake. Like the two Coyanosa projects, each of these units is expected to process 200 million standard cubic feet per day of natural gas, with Cogent's unit doubling production at its facility. Cogent's addition is expected to wrap up late this year, and West Texas Gas' project next summer. For more information, see Industrial Info's reports on the West Texas Gas and Cogent projects.
Another gas-processing project proposed in the Permian has faced a longer line of hurdles: EnLink Midstream LLC's (NYSE:ENLC) (Dallas, Texas) $100 million Train II at its Riptide plant in Tarzan, Texas. The project, which would double the facility's production to 200 million standard cubic feet per day, has faced years of delays, but flickered to life earlier this summer when EnLink signed two new commercial contracts to onload additional natural gas processing volumes. Benjamin Lamb, the chief operating officer of EnLink, recently told investors that the Riptide expansion "is an extremely efficient way to create some capacity to capture a medium-term processing opportunity in North Texas." For more information, see Industrial Info's project report.
In Canada, Honeywell is at work on a pair of high-value projects for Inter Pipeline Limited (TSX:IPL) (Calgary, Alberta): a $1.3 billion propane dehydrogenation (PDH) plant in Fort Saskatchewan, Alberta, which would produce 1.1 billion pounds per year of propylene from 22,000 barrels per day (BBL/d) of propane, and a proposed second unit that would double capacity to 2.2 billion pounds per year. The first PDH unit is under construction and is scheduled to wrap up in late 2021; the second unit is scheduled to begin construction nine months later. For more information, see Industrial Info's project reports on the first unit and proposed second unit.
Honeywell also plays a role in $17 million worth of maintenance-related projects in the U.S. Chemical Processing and Industrial Manufacturing industries through 2021; click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.