Honeywell's UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell (NYSE: HON) company, announced today that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China.

Under the terms of the agreement, announced at the 20th meeting of the
China-U.S. Joint Commission on Commerce and Trade (JCCT), the companies will
collaborate to demonstrate existing biofuels technology to produce green
transportation fuels using feedstocks available within China. CNPC will also
evaluate the installation of a demonstration-scale UOP/Eni Ecofining(TM)
process unit for the production of green diesel fuel, as well as a
larger-scale unit at an existing or new CNPC refinery site.

Under the terms of the agreement, announced at the 20th meeting of the
China-U.S. Joint Commission on Commerce and Trade (JCCT), the companies will
collaborate to demonstrate existing biofuels technology to produce green
transportation fuels using feedstocks available within China. CNPC will also
evaluate the installation of a demonstration-scale UOP/Eni Ecofining(TM)
process unit for the production of green diesel fuel, as well as a
larger-scale unit at an existing or new CNPC refinery site.

The companies will also collaborate on the design of an Ecofining unit able to
produce both green diesel as well as renewable jet fuel from Chinese
biofeedstocks, and assess opportunities for raising the energy efficiency of
existing and new ethanol plants in China with the use ethanol of membrane
technology.

The initiatives will enable CNPC to meet the renewable energy targets set
forth by the National Development and Reform Commission (NDRC) of China and
are aligned with a strategic understanding reached by NDRC and the U.S.
Department of Energy and the U.S. Department of Agriculture in 2007 to promote
industrial energy efficiency improvements and emissions reductions.

"This collaboration will advance the development of viable renewable fuels for
the transport sector in China," said Jennifer Holmgren, general manager of
UOP's Renewable Energy and Chemicals. "Collaboration between governments and
private industry is necessary to enable a sustainable biofuels future. We are
honored to work with CNPC to support this initiative, and congratulate all of
the organizations involved for their commitment to a reduced carbon
footprint."

"As a global Fortune 500 business and a responsible corporation, CNPC has long
term commitment in emerging energy technologies and made positive progress,"
said Jie Hu, chief engineer of refining & chemicals for CNPC's PetroChina
Company Ltd. "Under the strategic agreement framework between China and the
U.S. to promote clean energy technology, our collaboration with UOP to promote
advanced biofuel technology will enable the low carbon emission and green
economy development in China."

The Ecofining process uses catalytic hydroprocessing technology to convert
natural oils to a green diesel fuel. The product, a direct substitute for
diesel fuel, features a high cetane value (the measure of the combustion
quality of diesel) of approximately 80. Compared to diesel found at the pump
today, which ranges from 40 to 60 cetane, green diesel offers value as a
blending stock for refiners seeking to enhance existing diesel fuels and
expand the diesel pool.

UOP has also developed process technology to produce renewable jet fuel under
a contract from the U.S. Defense Advanced Research Projects Agency (DARPA) for
both military and commercial aircraft. In 2009, UOP announced an alliance with
Vaperma to offer Vaperma's Siftek(TM) polymer membrane technology, which is
designed to lower energy consumption for reduced operational costs and
emissions in the energy-intensive ethanol production process.

CNPC is one of the largest oil and gas companies in the world and also one of
the pioneer Chinese companies in promoting and deploying advanced biofuel
technologies. CNPC is committed to developing biofuel technologies based on
plentiful biofeedstocks in China.

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 Specialty
Materials strategic business group. For more information, go to www.uop.com.

Honeywell International (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; automotive products; turbochargers; and specialty 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.

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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
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source: reuters