UOP LLC

UOP LLC, formerly known as Universal Oil Products, is a multi-national company developing and delivering technology to the petroleum refining, gas processing, petrochemical production and major manufacturing industries.

The company’s roots date back to 1914, when the revolutionary Dubbs thermal cracking process created the technological foundation for today’s modern refining industry. In the ensuing decades, UOP engineers generated thousands of patents, leading to important advances in process technology, profitability consultation, and equipment design.^[1]

UOP was founded in 1914 to exploit the market potential of patents held by inventors Jesse A. Dubbs and his son, Carbon Petroleum (C. P.) Dubbs. Perhaps because he was born in Pennsylvania oil country, Jesse Dubbs was enamored with the oil business. He even named his son Carbon after one of the elemental constituents of oil. Later, Carbon added the P. to make his name "euphonious," he said. People started calling him "Petroleum" for fun, and the name stuck. C. P.'s son and grandson were also named Carbon, but each had a different middle initial.^[2]

The UOP Riverside research and development laboratory was conceived in 1921 by Hiram J. Halle, the chief executive officer of Universal Oil Products (now simply UOP), as a focal point where the best and brightest scientists could create new products and provide scientific support for the oil refining industry.^[3] The company benefited immensely by the addition to its research staff of Professor Vladimir Ipatieff, famous Russian scientist known internationally for his work in high-pressure catalysis. His contribution in catalytic chemistry gave UOP a position of leadership in the development of catalysis as applied to petroleum processing, the first being catalytic polymerization.

During the 1970s, UOP sponsored CanAm and Formula One racecars developed by Shadow Racing Cars. Many race fans were drawn to the team's innovative designs and underdog status.

In 2004, UOP LLC reported revenue of US$1.2 billion.^{[citation needed]}

In November 2005, 100% ownership was acquired by Honeywell.

References

External links

• Official site