August 04, 2016

Honeywell’s Envergent RTP® Technology To Be Used In New Renewable Fuels Facility In Quebec

Cote Nord project to produce 10 million gallons/year (40 million liters/year) of renewable fuels annually from forest residuals

DES PLAINES, Ill., Aug. 4, 2016– Envergent Technologies LLC, a joint venture of Honeywell UOP and Ensyn Corp., announced today that it has begun construction on a renewable fuels facility in Port Cartier, Quebec.

The project will incorporate Envergent’s proprietary RTP® technology and will convert forest residues from local sources into liquid green fuel for institutional and industrial heating and as a renewable refinery feedstock for the production of low-carbon transportation fuels.

“The value of the RTP technology is that it’s a proven and efficient method to convert lower-value forest residuals into a higher-value liquid fuel,” said Robert Rose, managing director for Envergent. “The RTP process converts biomass such as agricultural and forest residuals into a transportable and nearly carbon-neutral liquid fuel.”

The Cote Nord project, which is being developed by Ensyn, Arbec Forest Products Inc. and Groupe Remabec, is the first of several production plants under development by Ensyn and its partners to expand the production of RTP green fuel for energy applications.

When the facility in Port Cartier, Quebec, is completed late next year, it will convert 65,000 dry metric tons per year of forest residues to approximately 10 million gallons — or approximately 40 million liters — per year of RTP green fuel.

The Cote Nord project is the first purpose-built facility for the production of RTP green fuel for heating, cooling and refinery applications. RTP green fuel has compelling environmental benefits, including displacement of conventional fossil fuels and a net reduction in greenhouse gas emissions. In addition, renewable transportation fuels such as gasoline and diesel made from RTP green fuel have a carbon intensity that is approximately 70 percent less than petroleum-based fuels.

RTP green fuel is made from non-edible woody biomass, avoiding competition for materials used in the cultivation of food and animal feeds. In addition, the production of fuels from forest slash using the RTP process allows for optimized pre-commercial forest thinning strategies, reducing the risk of forest fires and allowing for enhanced forest management practices.

Envergent Technologies, a Honeywell UOP joint venture with Ensyn, offers a practical and commercially proven path to renewable energy. RTP is a fast thermal conversion process used to convert biomass feedstock, usually forestry or agricultural residuals, into RTP green fuel—a light, pourable, low carbon liquid renewable feedstock. This product provides a sustainable, cost-effective and virtually carbon-neutral alternative for heat, power generation and the production of renewable transportation fuels.

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. Honeywell 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.honeywell.com/newsroom.

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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Contact:

John Simley
847-391-2278
john.simley@honeywell.com