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Honeywell, Airbus, JetBlue Form Biofuel Partnership
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Honeywell (NYSE:HON) Airbus, JetBlue Airways (Nasdaq: JBLU), and International Aero Engines are partnering to study sustainable biofuel use for commercial aircraft, according to a Honeywell release.
Two different Honeywell companies--UOP LLC and Honeywell Aerospace--will participate in the effort to develop and test renewable energy technology to convert biofeedstocks to commercial aviation fuels, with specific focus on "second-generation" feedstocks such as algae which do not compete with food or water resources.
Jennifer Holmgren, director of the Renewable Energy and Chemicals business for UOP, said, "This partnership brings together a range of aviation and process technology expertise to study and verify the best path toward sustainable use of biofuels in aviation."
UOP, a leading developer of refining technology, has already developed process technology to convert natural oils and greases to military jet fuel as part of a project funded by the U.S. Defense Advanced Research Projects Agency (DARPA).
UOP is developing a range of biofuels technologies in addition to jet fuel and has already commercialized the UOP/Eni EcofiningTM Process to produce green diesel from biofeedstocks.
About Honeywell
Based in Morris Township, N.J., Honeywell International is a $37 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.
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.
Based in Phoenix, Honeywell's $12 billion aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.
Website: http://www.honeywell.com
