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TheStreet Open House

Honeywell Green Jet Fuel™ To Power Flights Transporting The Brazil National Soccer Team During The 2014 FIFA World Cup™

Stocks in this article: HON

DES PLAINES, Ill., June 16, 2014 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that Honeywell Green Jet Fuel™ produced from its UOP Renewable Jet Fuel process will power 200 commercial flights on GOL Airlines during the 2014 FIFA World Cup™ in Brazil.

GOL Airlines, the official airline of the Brazil soccer team, will use Honeywell Green Jet Fuel for flights carrying the team to cities across Brazil that are hosting World Cup matches.

The Honeywell Green Jet Fuel was made from inedible corn oil and used cooking oil. Each flight will use a blend of Honeywell Green Jet Fuel with petroleum-based jet fuel. UOP supplied nearly 92,000 liters of Honeywell Green Jet Fuel for the flights. Compared with petroleum-based jet fuel, this renewable fuel will reduce greenhouse gas emissions by 185 metric tons of CO2 over the course of the event based on life cycle analysis.

"Honeywell Green Jet Fuel offers lower emissions than traditional petroleum-derived jet fuel and can be made from a variety of non-edible feedstocks, providing a flexible, renewable solution to meeting the current and future needs of Latin America and elsewhere," said Veronica May, vice president and general manager of UOP's Renewable Energy and Chemicals business unit. "We are pleased to continue our presence in Latin America and help meet the region's growing need for sustainable energy solutions."

Blended up to 50 percent with petroleum-based jet fuel, Honeywell Green Jet Fuel requires no changes to aircraft technology, meets all critical specifications for flight, and can reduce greenhouse gas emissions by 65 to 85 percent compared with petroleum-based fuels.

Together, Brazil and the United States account for 70 percent of the world's total consumption of biofuels, according to the U.S. Energy Information Administration, and Brazil is the world's second-largest biofuel producer.

The first fully commercial production of renewable jet fuel in the U.S. is expected to start up this year and produce approximately 30 million gallons of Honeywell Green Diesel™ and Honeywell Green Jet Fuel per year. AltAir Fuels will produce low-carbon, renewable jet fuel and other renewable products using UOP's Renewable Jet Fuel Process with the flexibility to adjust the product mix between diesel and jet fuel to meet market demands. United Airlines will purchase 15 million gallons of this fuel over a three-year period, with the option to purchase more. The AltAir facility will be the first refinery in the world designed to continuously produce both renewable jet and diesel fuels.

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