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

UOP LLC, a Honeywell (NYSE:HON) company, announced 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™ process unit for the production of green diesel ...

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