Jul 09, 2014 09:00 ET

Honeywell's UOP Green Fuels Technology Selected By Petrixo To Produce Renewable Jet Fuel And Diesel

Facility will be the first commercial-scale renewable jet fuel production facility outside of North America

DES PLAINES, Ill., July 9, 2014 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery to be built in Fujairah, United Arab Emirates.

Petrixo will use UOP Renewable Jet Fuel process technology to process approximately 500,000 metric tons per year of renewable feedstocks into renewable jet fuel and renewable diesel, also known as Honeywell Green Jet FuelTM and Honeywell Green DieselTM. The process technology is capable of processing a variety of renewable feedstocks.

Petrixo announced earlier this year that it will invest $800 million to build the new refinery, which will have a design capacity of 1 million tons per year of biofuel products, and will be the first commercial-scale renewable jet fuel production facility outside of North America.

"Petrixo believes that new energy solutions are immensely important for scalable, environmental and renewable solutions," said Dr. Eid Al Olayyan, chief executive officer of Petrixo Oil & Gas. "UOP's green fuels technologies are proven refining solutions that produce high-quality products compatible with petroleum-based fuels."

The UOP technology is designed to provide flexibility to adjust the feedstock mix depending on parameters such as cost and availability. The technology also enables the adoption of newer-generation feedstocks, such as oils derived from algae and halophytes, as scalable supply chains for these lipids develop.

"UOP's renewable process technologies produce real fuels, rather than fuel additives such as biodiesel, that fit seamlessly into existing fuel supply chains," said Veronica May, vice president and general manager of UOP's Renewable Energy and Chemicals business unit. "The renewable fuels produced by our technology also offer lower greenhouse gas emissions relative to traditional petroleum-based fuels."

Blended up to 50 percent with petroleum-based jet fuel, Honeywell Green Jet Fuel requires no changes to aircraft technology, meets all critical specifications for flight, and can reduce greenhouse gas emissions by 65 to 85 percent compared with petroleum-based fuels.

Honeywell's UOP Renewable Jet Fuel Process technology was developed in 2007 under a contract from the U.S. Defense Advanced Research Projects Agency (DARPA) to produce renewable military jet fuel for the U.S. military. The process technology is fully compatible with existing hydroprocessing technology commonly used in today's refineries to produce transportation fuels.

The process technology also produces Honeywell Green Diesel, a drop-in replacement for traditional diesel. The fuel offers improved performance over biodiesel and petroleum-based diesel, including a higher cetane value compared with the cetane range of 40 to 60 found in diesel at the pump today. Cetane value is the measure of the combustion quality of diesel. Higher cetane values help diesel engines operate more effectively. Diesel with high cetane can be blended with low-cetane diesel to help meet transportation requirements. Honeywell Green Diesel also offers high energy density and excellent performance at both cold and warm temperatures.

UOP process technology is currently being used by Diamond Green Diesel to produce green diesel at a commercial-scale facility in Norco, Louisiana, U.S.

Honeywell's UOP serves as a founding member of the Sustainable Bioenergy Research Consortium (SBRC), together with Boeing, Etihad Airways, and the Masdar Institute of Science and Technology in Abu Dhabi. SBRC focuses on testing the use of desert plants grown with seawater to support biofuel crop production in arid countries, such as the United Arab Emirates.

Petrixo, based in Dubai, is part of Petrixo Group, which is active in trading crude oil, oil products and petrochemicals, with an interest in downstream energy projects and logistics operations in the Baltic States, the Russian Federation, CIS and the Middle East. The new Fujairah refinery will occupy 460,000 square meters in the Fujairah free zone and the Port of Fujairah.

UOP LLC (www.uop.com) is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. and is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions, a pioneer in automation control, instrumentation and services for the oil and gas, refining, petrochemical, chemical and other industries.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

SOURCE Honeywell


 
 
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