Honeywell's Envergent Technologies Selected by Malaysian Company for Renewable Energy Project

Envergent Technologies Designing Plant to Convert Palm Biomass to Renewable Fuels

DES PLAINES, Ill., Mar. 10, 2011 – Envergent Technologies LLC, a Honeywell (NYSE:HON) company, announced today that it has been selected by Premium Renewable Energy (Malaysia) Sdn. Bhd. to perform the engineering design for a project that will use Envergent’s RTP® Rapid Thermal Processing technology to convert palm biomass to renewable heat and electricity. The initial Premium RTP facility, to be initiated in late 2011 and completed in early 2013, will be Malaysia’s first plant to use RTP for the production of a clean-burning liquid biofuel derived from biomass. The RTP liquid fuels will be used to generate renewable electricity and heat. Premium expects that the first facility will be followed by additional RTP units to be built by 2020. “This project is a milestone using palm biomass, particularly the empty fruit bunches, to generate renewable heat and power and demonstrates how Envergent’s technology can be used in different regions with a variety of feedstocks,” said Dave Cepla, managing director for Honeywell’s Envergent Technologies joint venture. “We are proud to support Premium Renewable Energy in creating RTP plants that will not only reduce the carbon footprint in Malaysia, but will also help grow the economy.” The project is part of the Malaysian government’s Economic Transformation Program for the palm oil sector in order to create a high-income economy by 2020 while growing in a sustainable manner. The project is projected to create 1,000 new jobs and generate $1 billion in revenue annually by 2020.

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