Honeywell Technologies (NASDAQ: HON) recently announced that it has been selected by Gulf Petrochemical Industries Company (GPIC) to provide licensing and engineering services for a new aromatics complex in the Kingdom of Bahrain. The project will be developed at GPIC’s existing industrial complex in Sitra and will support the production of key petrochemical building blocks used across a broad range of consumer and industrial applications.
The facility is expected to produce approximately 1.2 million metric tons of paraxylene and 500,000 metric tons of benzene annually using proven process technologies, includingย Honeywell Technologies UOPโsย Naphtha Hydrotreating, CCRย Platformingโขย and LDPX Aromatics Complex.ย These products serve as essential feedstocks for plastics, polyester fibers and packaging materials, helping meet growing global demand across consumer and industrial markets.
“By collaborating with Honeywell Technologies UOP on this new aromatics complex, we are investing in world-class technologies that will strengthen our production capabilities, support long-term industrial growth and enable us to meet evolving market demand for essential petrochemical products,” said Yasser A. Rahim Alabbasi, Chief Executive Officer of GPIC.
“GPIC’s selection of Honeywell Technologies UOP reflects its confidence in our technologies and execution capabilities,” said Mohamed Sami, General Manager Saudi Arabia and Bahrain for Process Technology, Honeywell Technologies. “This project will help enable the efficient production of high-value petrochemical products while strengthening the Kingdom of Bahrain’s industrial base.”
Industry sources added that Honeywell Technologies UOP will be providing the licensing, engineering and associated engineering services, along with catalysts, adsorbents and equipment as a part of its scope.ย
Honeywell Technologies and GPIC have a longstanding relationship, including previous collaborations involving pressure swing adsorption technology, adsorbents and process automation solutions at GPIC’s ammonia and methanol facilities. The new aromatics project builds on this foundation, further strengthening the relationship between the two companies and supporting GPIC’s long-term growth objectives.
