Galp Energia Selects UOP/Eni Ecofining(TM) Technology to Produce Green Diesel Fuel from Biofeedstocks

UOP LLC, a Honeywell (NYSE: HON) company, announced today that Portugal’s largest refiner, Galp Energia, will use the UOP/Eni Ecofining technology to produce diesel fuel from vegetable oils in a new process unit. Galp Energia is the second European refiner to license Ecofining technology. Eni S.p.A, which co-developed the technology with UOP, is in the process of installing an Ecofining unit at its facility in Livorno, Italy. The Galp Energia facility, to be located in Sines, Portugal, will process 6,500 barrels per day of vegetable oils to supply European refineries with a high-cetane "green” diesel fuel, to meet growing demand for high-quality, clean fuels and biofuels throughout Europe. "The use of this technology for producing a high-quality green diesel places Galp Energia at the forefront of Portugal’s effort to reduce emissions, and enables us to provide our costumers with a more sustainable product,” said Manuel Ferreira De Oliveira, CEO of Galp Energia. The Ecofining process uses catalytic hydroprocessing technology to convert vegetable oils to a green diesel fuel. The product 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 fuel producers and blenders seeking to enhance existing diesel fuels and expand the diesel pool. "The Ecofining process was designed to seamlessly integrate into existing infrastructure to reduce capital costs and simplify adoption,” said Jennifer Holmgren, director of UOP’s Renewable Energy & Chemicals business unit. "And in addition, the properties of the green diesel product eliminate the need for changes to automobile power trains, fuel pumps and fuel distribution networks.” The Ecofining technology is the first commercial product from UOP’s Renewables Energy & Chemicals business unit. Launched in late 2006, the unit is focused on developing and commercializing technology to produce transportation fuels and chemicals from biofeedstocks ranging from vegetable oils to second generation cellulosic waste feedstocks like corn stover or wood chips. UOP is also currently developing technology for the production of renewable Jet Propellant-8 (JP-8) jet fuel from vegetable and algal oils backed by $6.7 million in funding from the Defense Advanced Research Projects Agency (DARPA). Galp Energia, is a leading Portuguese producer and distributor of refined products in Portugal. The Sines refinery is the largest in the country producing 225,000 barrels per day of gasoline, diesel, jet fuel and liquid petroleum gas (LPG) for distribution in Spain, Portugal and Africa. 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 is a $34 billion 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. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index. For additional information, please visit www.honeywell.com. 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.