Rafinerija Nafte Brod Selects Technology from Honeywell'S UOP and ExxonMobil research and Engineering company to Improve Quality of Refined Lubricants and Fuels

First initiative under new licensing alliance between Honeywell's UOP and ExxonMobil Research & Engineering Company

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Oct 23, 2012, 11:00 ET

DES PLAINES, Ill. and FAIRFAX, Va., Oct. 23, 2012 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, and ExxonMobil Research and Engineering Company (EMRE) announced today that Rafinerija Nafte Brod, Bosnia and Herzegovina's sole oil refinery, has selected UOP and EMRE technology to improve the quality of refined lubricants and fuels.

The licensing agreement is the first under a joint licensing alliance formed by Honeywell's UOP and EMRE last year.

The new technology will allow Rafinerija Nafte Brod to improve its product quality and environmental performance. The refiner will combine Honeywell's UOP Unicracking™ hydroprocessing solutions with EMRE's distillate and lubricant de-waxing technologies to produce ultra-clean jet and diesel fuels and high-quality lubricant base stocks.

Pete Piotrowski, vice president and general manager of Process Technology and Equipment for Honeywell's UOP said, "The new Unicracking complex will help the refinery increase their fuel and lube yields through an integrated and cost-effective approach."

"The EMRE technology platform provides a one-stop solution for Rafinerija Nafte Brod's hydroprocessing and fuel de-waxing needs," said Vince Alberico, manager of Technology, Sales and Licensing for EMRE.

The Unicracking complex will include Honeywell's UOP two-stage Unicracking process integrated with EMRE's MSDW™ process for selective dewaxing lubricant feedstocks and EMRE's MIDW™ processes for dewaxing diesel feedstocks. The complex will upgrade more than 45,000 barrels per stream day of kerosene, diesel and vacuum gas oil feedstock into high-quality diesel and jet fuels. It will also produce high-quality base oils that will be used for the production of Group II and Group III lubricants at Refineria Ulia Modricha, which is part of the oil refining production chain in Bosnia and Herzegovina. The new complex is scheduled to start operations in 2016.

Honeywell's UOP Unicracking technology provides flexibility to upgrade a variety of feedstocks to high-quality, lighter transportation fuel products. It can also be used to produce low-sulfur naphthas for reforming into gasoline, or to upgrade FCC products for additional distillate production or sulfur removal.

EMRE's MSDW and MIDW processes are advanced proprietary technologies to optimize production of lubricants and distillate fuels. The MSDW process is designed to overcome high-sulfur environments and provides the highest yields and viscosity available in the industry. MIDW is a selective catalytic dewaxing process that can improve yields of high-quality diesel with excellent cold flow properties.

Honeywell's UOP has been developing and licensing hydroprocessing solutions, including advanced catalysts and specialty equipment, for nearly 100 years. As a major research and engineering organization, EMRE develops a broad spectrum of refining technologies to safely and reliably respond to an array of process challenges.

About Honeywell's UOP

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 Performance Materials and Technologies strategic business group. For more information, go to www.uop.com.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

About ExxonMobil Research and Engineering Company

EMRE is the research and engineering arm of Exxon Mobil Corporation, a leading global oil, natural gas, and petrochemicals company whose subsidiaries have operations in nearly 200 countries and territories. Additional information regarding ExxonMobil and technologies it licenses can be found at http://www.exxonmobil.com/refiningtechnologies.

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

SOURCE Honeywell