Oleflex is a proprietary technology for propane dehydrogenation that has been patented by UOP in 1970. The technology is used in the production of propylene, which is an important building block for the petrochemical industry. Propylene is used to make a variety of products, including plastics, fibers, and solvents. Oleflex technology uses a catalytic process to convert propane, a byproduct of natural gas processing and refining, into propylene. Oleflex technology offers several advantages over traditional propylene production methods. It is more energy-efficient, has lower emissions, and produces a higher yield of propylene. It also offers greater flexibility in terms of feedstock, as it can use a variety of propane sources, including shale gas and refinery off-gas. Oleflex technology has been widely adopted in the petrochemical industry, with over 20 licensed units in operation around the world. It has helped to increase the availability of propylene, which is in high demand for a variety of applications.