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Air Products signed a long-term gas supply contract with Shandong Binhua New Material to build, own and operate onsite gas production facilities in Binzhou, Shandong, including an ASU, to supply oxygen and nitrogen. Facilities will be fully operational in 2022.
Shandong Binhua New Material Co., Ltd. will use Honeywell UOP's C3 Oleflex technology to produce 600,000 metric tons per year of polymer-grade propylene for a proposed plant in China. Honeywell will provide services, equipment, catalysts and adsorbents.