Petrixo Builds First Commercial-Scale Biofuel Facility Outside of North America
July 23, 2014http://www.biodieselmagazine.com/articles/128947/petrixo-to-build-biojet-fuel-refinery-in-uae-using-uop-technology
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The Petrixo Oil & Gas has selected the green fuels technology of UOP LLC, a Honeywell company, to produce biojet fuel and renewable diesel in Fujairah, United Arab Emirates.
Petrixo, a Dubai-based company, will use the UOP technology to process around 500,000 metric tons per year of renewable feedstocks into biojet fuel and renewable diesel, trademarked as Honeywell Green Jet Fuel and Honeywell Green Diesel, respectively. The technology is flexible and is capable of processing a variety of renewable feedstocks including oils from algae and halophytes.
Petrixo will invest $800 million to build a new facility designed to produce 1 million tons per year of biojet and renewable diesel products. Honeywell says this will be the first commercial-scale production facility outside in North America.
According to Eid Al Olayyan, CEO of Petrixo Oil & Gas, "Petrixo believes that new energy solutions are immensely important for scalable, environmental and renewable solutions. UOP's green fuels technologies are proven refining solutions that produce high-quality products compatible with petroleum-based fuels."
Honeywell Green Jet Fuel, which is blended up to 50 percent with conventional jet fuel, can reduce greenhouse gas emissions by 65 to 85 percent compared with petroleum-based fuels.
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