UOP LLC, a Honeywell (NYSE: HON) company, and Eni S.p.A. (NYSE: ENI) announced today that Eni will build a production facility using EcofiningTM technology to produce diesel fuel from vegetable oils.
The facility, to be located in Livorno, Italy, will process 6,500 barrels per day of vegetable oils to supply European refineries with a high-cetane “green” diesel fuel, to meet growing demand for high-quality, clean fuels and biofuels throughout Europe.
It will be the first facility to use the Ecofining technology developed by UOP and Eni. UOP has already completed the basic design for the first unit, which is expected to come online in 2009. Eni, a leading European oil company with operations in 70 countries and 2006 revenues of more than 86 billion euros, also plans to install several additional Ecofining units at its other wholly-owned and affiliate refineries throughout Europe.
“This project is part of Eni’s overall commitment to sustainability,” said Eni CEO Paolo Scaroni. “This facility will both provide significant value to Eni’s refining operations by producing an ultra-high-quality diesel and fulfilling the proposed European target to grow the renewable energy supply to 12 percent by 2010.”
UOP announced its efforts to develop commercially viable solutions for renewable energy in refineries with the creation of its Renewable Energy & Chemicals business unit in late 2006. The Ecofining process for green diesel is its first renewable technology offering.
”UOP and Eni have worked closely to develop a process for green diesel production that uses existing refinery and fuel distribution infrastructure while at the same time producing a high-quality renewable fuel,” said Jennifer Holmgren, director of UOP’s Renewable Energy & Chemicals business unit. “This facility will further demonstrate the effectiveness of the Ecofining technology.”
The Ecofining process uses catalytic hydroprocessing technology to convert vegetable oils to a green diesel fuel. The product, a direct substitute for diesel fuel, features a high cetane value (the measure of the combustion quality of diesel) of approximately 80. Compared to diesel found at the pump today, which ranges from 40 to 60 cetane, green diesel offers value as a blending stock for refiners seeking to enhance existing diesel fuels and expand the diesel pool.
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 $33 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. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index. For additional information, please visit www.honeywell.com.
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