Honeywell (HON) unit UOP wins the third license for its methanol-to-olefins (MTO) technology,...

|About: Honeywell International, ... (HON)|By:, SA News Editor

Honeywell (HON) unit UOP wins the third license for its methanol-to-olefins (MTO) technology, which converts methanol from coal into ethylene and propylene - building blocks for the production of films, packaging, plastics and other petrochemicals. The license comes from China's Shandong Yangmei Hengtong Chemicals. (PR)