“This underscores the significant importance of implementing Honeywell UOP’s well-proven and globally acknowledged propane dehydrogenation technology.” Moharram, Founder and Managing Director of Anchorage Investments. “Anchor Benitoite’s PDH unit is an important production unit in the project being the upstream propylene-producing unit for the whole complex.” said Ahmed M. This represents UOP’s third award for a C 3 Oleflex unit in North Africa, following earlier wins in Egypt and Algeria. Propylene is the primary component in a variety of plastic products that are rapidly growing in demand.Īs part of the contract, Honeywell will provide technology licensing and basic engineering design, in addition to services, equipment, catalysts and adsorbents for the plant. will use Honeywell UOP’s C 3 Oleflex™ technology to produce 750,000 metric tons per year of polymer-grade propylene for its new Anchor Benitoite petrochemicals complex in Suez, Egypt, near the southern terminus of the Suez Canal. The Consent Agreement and related documents will be available for public inspection in the Public Reading Room of the Department of State and on the Penalties and Oversights Agreements section of the Directorate of Defense Trade Controls’ website.Anchorage Investments Ltd. For these reasons, the Department has determined that it is not appropriate to administratively debar Honeywell at this time. Honeywell also acknowledged the serious nature of the alleged violations, cooperated with the Department’s review, and instituted a number of compliance program improvements during the course of the Department’s review. Honeywell voluntarily disclosed to the Department the alleged violations that are resolved under this settlement. In addition, for an initial period of at least 18 months, an external Special Compliance Officer will be engaged by Honeywell to oversee the Consent Agreement, which will also require the company to conduct one external audit of its compliance program during the Agreement term as well as implement additional compliance measures. The Department has agreed to suspend $5 million of this amount on the condition that the funds will be used for Department-approved Consent Agreement remedial compliance measures to strengthen Honeywell’s compliance program. Under the terms of the 36-month Consent Agreement, Honeywell will pay a civil penalty of $13 million. The settlement also highlights the importance of obtaining appropriate authorization from the Department for exporting controlled articles. industry by protecting U.S.-origin defense articles, including technical data, from unauthorized exports. The settlement demonstrates the Department’s role in strengthening U.S. The Department of State and Honeywell have reached an agreement pursuant to ITAR § 128.11 to address alleged unauthorized exports and retransfers of ITAR-controlled technical data that contained engineering prints showing dimensions, geometries, and layouts for manufacturing castings and finished parts for multiple aircraft, gas turbine engines, and military electronics to and/or within Canada, Ireland, Mexico, the People’s Republic of China, and Taiwan. The Department of State and Honeywell have reached this settlement following an extensive compliance review by the Office of Defense Trade Controls Compliance in the Department’s Bureau of Political-Military Affairs. § 2751 et seq., and the International Traffic in Arms Regulations (ITAR), 22 C.F.R. (Honeywell) of Charlotte, North Carolina, to resolve alleged violations of the Arms Export Control Act (AECA), 22 U.S.C. Department of State has concluded an administrative settlement with Honeywell International, Inc.
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