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Sinochem News, Honeywell UOP said recently that Russia's Lukoil has awarded it a contract to supply Russia's Perm refinery to convert low-value vacuum wax oil into high-value propylene and gasoline.
Honeywell said the first phase of the project will install a new vacuum distillation and catalytic cracking unit to increase the refinery's propylene production and boost gasoline production
Recently, Lukoil also signed a contract with Lummus Technologies to build a new methyl tert-butyl ether unit for the Perm refinery