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4-Traders Homepage  >  Equities  >  Nyse  >  Honeywell International Inc.    HON

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Honeywell International Inc. : Honeywell Green Jet Fuel(TM) to Power Flights Using New Biofeedstock Specifically Designed for Biofuel Production

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04/18/2012 | 01:35pm CEST

DES PLAINES, Ill., April 18, 2012 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that Honeywell Green Jet Fuel(TM) will be used for the world's first comprehensive test program using a new biofeedstock specifically designed for biofuel production.

The test flights, to be done in Canada with the National Research Council of Canada (NRC) and Agrisoma Biosciences Inc., will also feature in-flight collection of emissions by a trailing aircraft, allowing for later evaluation of the Green Jet Fuel's emissions performance.

The program will also test blends of Honeywell Green Jet Fuel at higher ratios than previous demonstration flights, which have been conducted using a 50/50 ratio of biofuel and jet fuel produced from petroleum.

"This is a unique program of test flights, given that we are using a new feedstock to produce the Honeywell Green Jet Fuel, and it will be used in higher ratio than before," said Jim Rekoske, vice president and general manager of the Honeywell UOP's Renewable Energy and Chemicals business unit. "Additionally, the collection of in-flight emission will allow for further verification of the superior environmental performance of Honeywell Green Jet Fuel."

The series of flights, expected to take place this month, will use Honeywell Green Jet Fuel produced from Resonance(TM) Energy Feedstock, a new non-food, industrial oilseed crop produced by Ottawa-based Agrisoma. The feedstock is derived from Brassica carinata and is optimized for use as a biofuel feedstock. The crop is also uniquely suited for production in semi-arid areas that are unsuitable for food oilseed production, meaning it will not compete with food crops for land resources.

The Resonance crop, used to produce Honeywell Green Jet Fuel for the flights, was grown in Kincaid, Saskatchewan, in the summer of 2011.

The flights will be conducted on a modified Falcon 20 twin-engine jet. Honeywell Green Jet Fuel is to be blended beyond the 50 percent level used in past flights, which is also the level approved by ASTM, the worldwide standards body that approved commercial use of Honeywell Green Jet Fuel last year.

The flights will also feature a trailing aircraft, which will collect emissions from the Falcon aircraft while in flight for later evaluation. Previous evaluations of Honeywell Green Jet have found a 60-85 percent reduction in greenhouse gas emissions relative to petroleum-based fuels.

Honeywell UOP's Renewable Jet Fuel Process technology was originally 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. It produces an aviation biofuel that can be blended seamlessly with petroleum-based fuel. When used as part of as much as a 50 percent blend with petroleum-derived jet fuel, Green Jet Fuel is a drop-in replacement that requires no changes to the aircraft technology and meets all critical specifications for flight.

Honeywell's UOP, a recognized global leader in process technology to convert petroleum feedstocks to fuels and chemicals, is developing a range of processes to produce green fuels from natural feedstocks. In addition to its Renewable Jet Fuel Process technology, the company has commercialized the UOP/Eni Ecofining(TM) process to produce Honeywell Green Diesel Fuel(TM) from biological feedstocks. It has also a joint venture with Ensyn Corp. in Envergent Technologies LLC, which offers pyrolysis technology for the production of renewable heat, power and transportation fuels.

UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, 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. For more information, go to www.uop.com.

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 specialty 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 "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. 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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