Non-edible animal fats and oils being converted into Honeywell Green Jet Fuel™ at the world's first dedicated commercial-scale renewable jet fuel production facility
DES PLAINES, Ill., March 18, 2016 — (PRNewswire) — Honeywell (NYSE: HON) UOP announced today its process technology is being used to produce commercial-scale amounts of renewable jet and diesel fuels.
AltAir Paramount LLC is using Honeywell UOP's proprietary renewable jet fuel process technology to convert a variety of sustainable feedstocks into Honeywell Green Jet Fuel™ at the world's first dedicated commercial-scale renewable jet fuel production facility. The plant, located near the Los Angeles International Airport, has also produced Honeywell Green Diesel™, a drop-in replacement for diesel made from petroleum, using the same process technology.
"Production by AltAir and Diamond Green Diesel demonstrates that the vision of producing real fuels from sustainable feedstocks has taken the crucial step from technology demonstration to commercial-scale production," said Veronica May, vice president and general manager of Honeywell UOP's Renewable Energy and Chemicals business. "Honeywell UOP is committed to continuing to advance its technology to give fuel producers options to use sustainable feedstocks."
Headquartered in Paramount, Calif., AltAir Paramount has developed and operates several units at a Paramount Petroleum Corporation (a subsidiary of Alon USA Energy) refinery for the production of low carbon fuels and chemicals derived from sustainable feedstocks. AltAir revamped portions of the petroleum refinery in Paramount and is now producing renewable transportation fuels for commercial and military use. United Airlines announced in 2013 its intention to buy 15 million gallons of renewable jet fuel from AltAir over a three-year period.
Earlier this year, the U.S. Navy's Great Green Fleet, a carrier strike fleet of ships and aircraft, began using renewable fuel on regular deployments as part of the Navy's efforts to demonstrate and deploy alternative sources of fuel, reduce energy consumption, decrease reliance on imported oil and significantly increase use of alternative energy. The ships are being powered by a blend of renewable marine diesel from AltAir – made from domestic sources of inedible waste, fats, oils and greases – and petroleum-based marine diesel. For the initial delivery in January 2016, AltAir prepared 1.34 million gallons of F-76 type Naval Distillate Fuel.
The renewable jet fuel process makes Honeywell Green Jet Fuel as well as Honeywell Green Diesel from a range of sustainable feedstocks such as used cooking oil, inedible corn oil, tallow, camelina, jatropha and algae. The process is compatible with existing refinery equipment commonly used in today's refineries, making it easier for refiners to use existing infrastructure to produce renewable fuels.
Honeywell Green Diesel offers up to an 80 percent reduction in greenhouse gas emissions versus diesel from petroleum. Chemically identical to petroleum diesel, Honeywell Green Diesel can be used in any proportion in existing fuel tanks without infrastructure changes. Unlike biodiesel, Honeywell Green Diesel is a drop-in replacement for traditional diesel.
In aircraft, Honeywell Green Jet Fuel can replace as much as 50 percent of petroleum jet fuel used in flight, without any changes to the aircraft technology, while meeting the current ASTM jet fuel specifications for flight. Depending on the feedstock, Honeywell Green Jet Fuel can offer a 65 to 85 percent reduction in greenhouse gas emissions compared with petroleum-based jet fuel.
AltAir Paramount is a 35 million gallon per year renewable fuels company that operates at Paramount Petroleum Corporation's refinery in Paramount, Calif. AltAir is an innovator in the renewable fuels sector, providing a drop-in replacement to conventional fuels, and is the world's first dedicated commercial-scale renewable jet fuel production facility. AltAir Paramount is a subsidiary of Alon USA Energy with its partners being Vandewater Capital Holdings and New Energy Capital.
Honeywell UOP ( 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 part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions ( www.honeywellprocess.com), 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. 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.
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