UOP LLC, a subsidiary of
Honeywell International Inc.
), recently announced that its UOP/Eni Ecofining process technology
will be used to power the largest commercial advanced biofuel
facility in the U.S.
The Diamond Green Diesel facility -- a joint venture of Darling
International Inc. and Diamond Alternative Energy, LLC, a
), is capable of producing more than 130 million gallons of
renewable diesel annually. This facility produces high-quality
renewable diesel known as Honeywell Green Diesel, which
reduces greenhouse gas emissions by 80% in comparison to
The Ecofining process technology is well suited for processing a
variety of waste feedstocks and inedible oils to produce
high-quality green diesel. The fuel produced is competitive in
comparison to biodiesel and petroleum-based diesel and delivers
improved performance with a high cetane value of 80. The diesel
produced features high energy density and superior performance at
cold or warm temperatures.
As the demand for fuel increases, producers are on the lookout
for ways to maximize product yield and reduce production costs.
This new process technology by Honeywell is an initiative towards
Also, the company commercialized the UOP Renewable Jet Fuel Process
to produce renewable jet fuel for the U.S. military. The jet fuel
produced can be blended flawlessly with petroleum-based fuel with
no changes to aircraft technology and maintaining the critical
specifications for flight.
Honeywell is a global diversified technology and manufacturing
company with a wide range of products and services. These include
control, sensing and security technologies for buildings, homes and
industry, turbochargers, automotive products, specialty chemicals,
electronic and advanced materials, process technology for refining
and petrochemicals as well as energy efficient products and
solutions for homes, business and transportation.
Honeywell currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look include
Icahn Enterprises, L.P.
Carlisle Companies Inc.
). While Icahn Enterprises carries a Zacks Rank #1 (Strong Buy),
Carlisle and ITT carry a Zacks Rank #2 (Buy) each.
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