October 28, 2010

Honeywell’s Envergent Technologies Selected by High North Bioresources for Renewable Energy Project


Envergent Technologies Providing Detailed Engineering to Build World’s Largest Fast Pyrolysis Plant for Biomass to Renewable Energy Generation

DES PLAINES, Ill., Oct. 28, 2010 – Envergent Technologies LLC, a Honeywell (NYSE:HON) company, announced today it has been selected by High North BioResources Ltd.Partnership to perform detailed engineering for a project to convert wood residuals to renewable heat and electricity.

The High North facility, to be built in Alberta, Canada, will be the world’s largest fast pyrolysis plant for renewable heat and power generation and is projected to process 400 bone-dry metric tons of sawmill residuals per day to produce over 20 million gallons of pyrolysis oil annually.

The pyrolysis oil, a light, clean-burning liquid produced by Envergent Technologies’ RTP® Rapid Thermal Processing technology, will be used to generate renewable electricity and heat for a colocated sawmill owned by Tolko Industries Ltd.. The High North plant will also have the capability of producing a renewable resin ingredient that can be used in the manufacture of wood panel products.

“This project demonstrates how use of RTP technology can turn biomass such as wood residuals into a renewable source of energy while reducing a facility’s overall carbon footprint,” said Mark Reno, managing director for Honeywell’s Envergent Technologies joint venture. “We are proud to support High North to create the world’s largest fast pyrolysis plant for renewable heat and power generation.”

Envergent Technologies will perform a site assessment and identify strategies for integration with the Tolko sawmill, as well as provide equipment scoping, detailed engineering, a constructability analysis and a plant construction schedule for the RTP unit in support of High North’s plan for the facility.

RTP technology works by rapidly heating biomass such as wood chips or straw at ambient pressure to generate high yields of pyrolysis oil. The oil can be burned in industrial burners and furnaces for heat or to power electric generators.

Envergent Technologies is a joint venture of Honeywell’s UOP and Ensyn Corp. It combines nearly 100 years of refining and process technology development from UOP and more than 25 years of pyrolysis technology experience from Ensyn Corp. RTP is currently in use in seven commercial biomass processing plants in the U.S. and Canada.

In addition to the use of pyrolysis oil for renewable power and heat, Envergent Technologies is also focused on development and commercialization of technology to upgrade pyrolysis oil into green transportation fuels, and plans to have the technology available for license by 2012. A demonstration unit of this upgrading technology is currently in engineering design in Kapolei, Hawaii under a grant from the United States Department of Energy.

High North BioResources Limited Partnership was created by Tolko Industries, Ltd. and Ensyn Technologies, Inc. to build the world’s largest commercial fast pyrolysis plant in Alberta, Canada.

Honeywell’s UOP is a leading supplier and licensor of process technology, catalysts,adsorbents and services to the petroleum refining, petrochemical, and gas processing industries. It has been active in the development and licensing of renewable fuel technologies since 2006. Ensyn Corporation has more than 20 years of commercial experience with RTP technology producing pyrolysis oil for various natural chemical and fuel products. Ensyn’s technology is currently utilized in
seven commercial biomass processing plants in the U.S. and Canada. Learn more about the Envergent Technology joint venture at www.EnvergentTech.com

Honeywell International (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; automotive products; 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.

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