Request For Demo     Request For FreeTrial     Subscribe     Pay Now

Various Countries Procurement News Notice - 74158


Procurement News Notice

PNN 74158
Work Detail Honeywell and Repsol have announced a strategic collaboration aimed at developing innovative production pathways for biofuels and circular materials. The partnership will explore integrating these new methods into Repsol’s existing facilities to enhance their biofuel production capabilities. The companies plan to scale up and commercialize Honeywell’s advanced technologies, which utilize various waste materials such as fats, oils, greases, biomass, and solids. These technologies will be employed at Repsol’s refineries to produce a range of biofuels, including sustainable aviation fuel (SAF) and renewable diesel, leveraging current refinery infrastructure. This collaboration aligns with Honeywell’s strategic focus on supporting the energy transition. Bryan Glover, Chief Growth Officer and CTO of Honeywell Energy and Sustainability Solutions, stated, “As a global leader in sustainable fuel technologies, we seek collaborations to provide innovative solutions that help our customers and stakeholders reduce carbon and greenhouse gas emissions through biofuel production. Our collaboration with Repsol demonstrates how Honeywell can apply new technologies to reduce carbon emissions while producing biofuels and advanced materials using existing refinery assets.” In addition to biofuels, the partnership will explore the deployment of Honeywell’s UpCycle Process Technology. This technology transforms waste plastic into Honeywell Recycled Polymer Feedstock, which can be used for producing new plastics. Capable of recycling various plastics, including colored, flexible, multilayered packaging, and polystyrene, the UpCycle Process Technology, combined with other recycling methods, aims to recycle up to 90% of waste plastics, significantly enhancing plastic waste management. Berta Cabello, Repsol’s Director of Renewable Fuels, emphasized, “Renewable fuels and plastics recycling are crucial to Repsol’s commitment to achieving net-zero emissions by 2050. Our collaboration with Honeywell to advance and adopt cutting-edge technologies will help us reduce our carbon footprint and establish ourselves as a leader in renewable fuels and hydrogen production by 2030.” The collaboration builds on a history of successful joint ventures between the two companies in areas such as licensing, petrochemical development, catalysts, technical support, and digitalization. In 2023, Repsol chose Honeywell’s Ecofining™ technology to produce renewable fuels from used cooking oil and waste animal fat at its plant in Puertollano, Spain. This facility is expected to produce approximately 240,000 metric tons of renewable diesel and other products annually.
Country Various Countries , Southern Asia
Industry Energy & Power
Entry Date 17 Aug 2024
Source https://solarquarter.com/2024/08/13/honeywell-and-repsol-forge-strategic-alliance-to-revolutionize-biofuel-production-for-a-sustainable-energy-future/

Tell us about your Product / Services,
We will Find Tenders for you