Saturday 21 April 2018

Honeywell signed up for UAE refinery project

Fujairah, July 9, 2014

Honeywell, a leading diversified technology and manufacturing leader, said the green fuels process technology of its company UOP has been selected by Petrixo Oil & Gas to produce renewable jet and diesel at a new refinery to be built in Fujairah.

UOP 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.

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 Fuel and Honeywell Green Diesel.

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 Oil & Gas CEO Dr. Eid Al Olayyan said the company believes that new energy solutions were immensely important for scalable, environmental and renewable solutions. “UOP’s green fuels technologies are proven refining solutions that produce high-quality products compatible with petroleum-based fuels,” he noted.

According to him, the UOP technology is designed to provide flexibility to adjust the feedstock mix depending on parameters such as cost and availability, as well as to enable 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 like biodiesel, that fit seamlessly into existing fuel supply chains,” remarked Veronica May, the VP 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,” she observed.

"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 to petroleum-based fuels," she added.-TradeArabia News Service

Tags: UAE | Supply | Honeywell |

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