NEXT Energy Group, Inc. chooses Honeywell UOP’s EcofiningTM processing technology for planned renewable diesel facility
HOUSTON, TEXAS, August 16, 2018 – NEXT Energy Group, Inc (“NEXT”) announced today its selection of Honeywell UOP’s Ecofining technology as the pathway it will use to convert renewable feedstocks into renewable diesels and related co-products. The Ecofining process is a versatile solution for producing renewable diesel from a range of sustainable feedstocks such as used cooking oil, animal tallows and inedible corn oil. Ecofining will allow NEXT customers to meet regulatory compliance obligations for renewable energy content in the transportation fuels sector, and to produce high-quality fuels that can enhance the quality of petroleum based fuels.
NEXT renewable diesel is a second-generation advanced biofuel made from 100% renewable feedstocks and is a “drop-in” fuel that can directly replace petroleum-based diesel, at blends up to 100%, in all vehicles and equipment using regular diesel. Renewable diesel overcomes many of the deficiencies of bio-diesel with improved cold flow properties, higher energy content, better fuel quality, and the ability to be transported in all existing transportation fuels infrastructure.
Honeywell UOP’s Ecofining technology has been successful deployed at multiple locations globally and currently is used to produce about 30% of the global supply of renewable diesel fuels. With the addition of NEXT’s planned capacity the Ecofining process with account for over 50% of the global supply of these fuels.
About NEXT: NEXT Energy Group, Inc., an affiliate of Houston based Waterside Energy Development, is a private company focused on producing and delivering clean transportation fuels globally. The Company’s owners, partners, and customers include major energy, technology and service companies serving the fuel needs of consumers worldwide.
About Honeywell UOP: Honeywell UOP is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP was founded in 1914 and is responsible for 31 of the 36 refining technologies commonly in use around the world today.