UOP and Ensyn to Form Joint Venture to Offer Second Generation Biomass Technology
Technology will convert cellulosic biomass to bio-oil for industrial heating, power generation and transportation fuels
DES PLAINES, Ill., Sept. 10, 2008 — UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has signed a letter of intent with Ensyn Corp to form a joint venture to offer technology and equipment to convert second-generation biomass into oil for power generation, heating fuel and eventually for conversion into transportation fuels. UOP and Ensyn expect to finalize terms for the venture in the fourth quarter of 2008.
The joint venture company will offer Ensyn’s proven Rapid Thermal Processing (RTP)™ technology, which converts second generation biomass like forest and agricultural wastes to bio-oil, also known as pyrolysis oil, for use in power and heating applications. The joint venture will also accelerate research and development efforts to commercialize next-generation technology to refine the bio-oil into transport fuels such as green gasoline, green diesel and green jet fuel.
“The widespread use of residual biomass — a clean, sustainable source of energy — is a major step forward to reducing our carbon footprint and broadening our energy resources,” said UOP Director of Renewable Energy and Chemicals Jennifer Holmgren. “We are confident that the combined resources of UOP and Ensyn will allow this venture to commercialize viable solutions for converting biomass to drop-in transportation fuels in the next three years.” RTP is a rapid thermal process in which biomass such as wood chips or straw is rapidly heated at ambient pressure to generate high yields of a light, pourable liquid bio-oil, which can then be burned for energy in industrial burners and furnaces. This bio-oil also has the potential of being refined into transportation fuels.
UOP and Ensyn to Offer Pyrolysis to Energy Technology “We are very pleased to align ourselves with UOP, the world’s leading refining technology company, in order to jointly develop applications for transport fuels and to help us market our unique technology to the transport fuels sector as well as the heating and power markets,” said Ensyn Chairman and CEO Dr. Robert Graham. “We believe this alliance will generate multiple commercial breakthroughs in the biomass-to-energy world.” UOP, a recognized leader in refining process technologies, launched its Renewable Energy & Chemicals business in late 2006. Since then, UOP has commercialized the UOP/Eni Ecofining™ process to produce green diesel fuel from biological feedstocks and has also developed process technology to produce renewable jet fuel. UOP has ongoing research efforts in biofuels, with specific focus on second generation feedstocks working with organizations like the US Department of Energy (DOE) and DOE’s National Renewable Energy Lab and Pacific Northwest National Lab.
Ensyn commercialized its RTP technology in the 1980’s and has over 18 years of commercial experience producing bio-oil for various natural chemical and fuel products. Ensyn currently operates seven commercial biomass processing plants in the US and Canada, producing numerous natural chemicals and energy products.
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 Specialty Materials strategic business group. For more information, go to www.uop.com.
Honeywell International is a $38 billion 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 additional information, please visit www.honeywell.com.
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