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People & Business :: Emerging Companies

UOP Forms JV for Bio-Based Fuels

10:41 AM MDT | September 15, 2008 | Chemical Week Editorial Staff

Honeywell subsidiary UOP says it has agreed to form a joint venture with Ensyn Technologies (Wilmington, DE) to develop and market technology that converts second-generation biomass into oil for power generation, and heating and transportation fuels. Financial terms were not disclosed. The jv will sell Ensyn’s rapid thermal processing (RTP) technology, which converts biomass into pyrolysis oil for use in power and heating applications, and will accelerate R&D efforts to commercialize next-generation technology to refine that oil into transport...

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