1、Honeywell Confidential-2019 by Honeywell International Inc.All rights reserved.0?THE MARKET AND TECHNOLOGY PATHWAY OF SUSTAINABLE AVIATION FUEL?UOP?Honeywell Confidential-2019 by Honeywell International Inc.All rights reserved.?THE CO2 REDUCTION WAY FOR AVIATION页脚，微软雅黑，加粗，10号1?SAF?SAF is The Most Im

2、portant Carbon Reduction Way for Aviation?2%,?10?CO2?Annual CO2 emission of aviation is about 1billion tons,about 2%of the total CO2 emission in the world?Using SAF?New Technology of Aircraft?Improve infrastructures&operation effieciecy?CCS?Carbon Capture TechnologySAF?As a replacement of fossil fue

3、l,SAF has below features:?Safety?Energy intensity?Adapt to low temprature65%19%3%13%SAFNew techInfrastruchure&operationCarbon Capture?Contribution to Achieving Net Zero Carbon Emission Source：IATAHoneywell Confidential-2019 by Honeywell International Inc.All rights reserved.?WHAT IS SAF2SAF?CO2?50%?

4、Comparing to Fossil Fuel,SAF Should Recuse GHG 50%Sustainable Aviation Fuel?（SAF）2022 by Honeywell International Inc.?.3?SAF?GLOBAL POLICY FOR SAF?(ICAO)?(CORSIA)?2050?2005?50%2ICAO CORSIA program to reduce international aviation emissions 50%by 205022022 by Honeywell International Inc.?.?RENEWABLE

5、FUEL WITH NON-BIO ORIGINS(RFNBO)4RFNBOs?RFNBOs Has Been Certified as a Kind of Sustainable Fuel in EuropeRFNBOs are renewable liquid or gaseous transport fuels for which none of the energy content of the fuel comes from biological sources.These fuels are considered renewable where the energy content

6、 of the fuel comes from renewable energy sources1 but excluding bioenergy.This means that RFNBOs could be made using electricity and/or heat from wind,solar,aerothermal,geothermal or waterRFNBO?告?RFNBO?/?SAFRFNBO20252%20306%1.2%20326%2%203530%5%205070%35%?SAF?New SAF blending plan issued in EuropeSo

7、urce:RefuelEU aviation rulesHoneywell Confidential-2019 by Honeywell International Inc.All rights reserved.?SAF?MARKET DRIVER OF SAF2022?53?SAFIn 2022,53 airports provide ongoing delivers of SAF38?SAF?38 airlines announced their SAF plan?SAF?Policy and Consumers Drive the Growth of SAF Demand?No.of

8、AirportSource:BloombergNEP2020201920212022Honeywell Confidential-2019 by Honeywell International Inc.All rights reserved.?SAF?SAF DEMAND6SAF?2022?1%?2050?30-40%SAF Demand is Excepted to Grow from 1%in 2022 to 30-40%by 2050?Short Term(2022-2030)?千?SAF?8?/?40?/?Encouraged by policy and government ince

9、ntive,SAF demand will grow from 8K BPD to 4000K BPD in Asia,Europe and US?Long Term(2030-2050)?350?/?Demand will further increase to 3.5million BPD?的?Need to extend the bio-source of feedstockRef:IHS Markit?2021?SAF?SAF Demand By Region?SAF?SAF Capacity by Different Process?/?BPD?/?BPD?AP?EUR?North

10、America?HEFA?FTCO2?synthesis?OthersHoneywell Confidential-2019 by Honeywell International Inc.All rights reserved.UOP FCC?7?UOP?VGO?(SAF)?RF?RF?EcofiningTM&?UOP?UOP Distillate UnionfiningTM?RTP?RFOUOP?甲醇制航煤SAFCO2?AlderFuelsSAFHoneywell Confidential-2019 by Honeywell International Inc.All rights rese

11、rved.UOP FCCCo-ProcessingHONEYWELL UOP PATHWAY OF RENEWABLE FUELVegetableOilsAnimalFatsGreasesAlgal OilPetroleumBiomassRTP(Pyrolysis)VGORenewable DieselSustainable Aviation Fuel(SAF)Partial Sustainable Aviation FuelPartial Renewable DieselRF GasolineRF DieselRFO for Heating/PowerInedible Renewable N

12、aphthaEcofiningTM&UOP Renewable Jet Fuel ProcessesUOP Distillate UnionfiningTMProcessEthanolUOP Ethanol toJet ProcessSAFMethanol to JetSAFEcofining/Renewable JetAlderFuelsSAFInedible FOGs CO2Renewable Diesel MethanolSynthesisHoneywell Confidential-2019 by Honeywell International Inc.All rights reser

13、ved.9 9?Commercial drop-in fuel replacements that are ready today?UOP?DROP-IN RENEWABLE FUELS FROM HONEYWELL UOPECOFINING?UOP ECOFINING?SAFEcofining?(LPG)?100?Ecofining can also be designed to produce renewable H2and LPG as byproducts,or 100%green naphtha?Chemical ReactionsRENEWABLE DIESEL2022 by Ho

14、neywell International Inc.?.的?Expanding Feedstock Sources is Vital to Long-term Decarbonization的?SAF?EXPANDING FEEDSTOCKS FOR SAF-BIOETHANOL10?SAF?Finding alternative feedstocks is vital to producing Advanced Biofuels and SAF to meet global targets?Ethanol?Dehydration?Hydrogenation?Hydrotreating?SAF

15、2022 by Honeywell International Inc.?.111?2?3?CO2?&?SAF?MTO?IMAC?LEAP?Honeywell FORGE?MeOH?C2=?C6=?.DME+MeOHRxReg?2022 by Honeywell International Inc.?.12?WHAT HONEYWELL OFFERSCarbon CaptureRenewable EnergyGreen H2Making MethanolOligomerization&HydrogenationMaking Jet FuelSAFRegen GasAirMeOHWaterC2=

16、to C6=OxygenateRecoveryOxy.Recov.DME+MeOHRxRegMethanol to Olefins(MTO process)Light olefinsIntegrated Operations&Enterprise Data ManagementIMAC&LEAP ApproachEquipment EffectivenessHoneywell FORGEAdvanced ControlAdvanced Alarm ManagementWorkforce CompetencyIntegrated Industrial Cyber SecurityIntegrat

17、ed Safety and Security with Controls13动物油脂厨余油/地沟油?GHG Reduction Effect of SAF?3.53.5?CO2CO2HEFAHEFA?7575-85%85%?CO2?CO2?SAFSAF?30%30%?8%8%?NONO?SAF?SAF supply estimation by feedstock?SAF?CO2 emission of SFA by different feedstock2023 by Honeywell International Inc.?SAF?SAF SPECIFICATION14SAF?50%?SAF

18、 could be blended with fossil jet fuel at max.50%?Green Jet Fuel?ASTM D7566?A2?HEFA-SPK?2022 by Honeywell International Inc.?.SAF?SAF COST&MARKET PRICE15?SAF?3/4The Cost of Feedstock Takes of Total SAF CostArgus Biofuel?盟?Argus Biofuel Price SAF?SAF Cost Structure Source:Argus BiofuelSource:Honeywel

19、l evaluation2023 by Honeywell International Inc.?ASTM D-7566?ASTM D-7566 SPECIFICATION16UOP?ASTM?UOP has extensive experience leading ASTM fuel certificationASTM D4054-09?1?2?ASTM?/APU?/?OEM?3&4?1?ASTM?2?3?4?ASTM?FAA?OEM?ASTM?2023 by Honeywell International Inc.?17?.?COMMERCIAL RENEWABLE AVIATION BI

20、OFUELSA REALITY2009?2011?UOP?HEFA SPK?ASTM D7566?2?2011?7?Honeywell UOP led the committee for approval ofHEFA SPK as aviation turbine fuel under ASTMD7566 Annex 2(approved July 20112016?2016?3?United Airlines became the first commercialairline in the US to use renewable jet fuel onregularly schedule

21、d flights from LAX(March2016)2012?2015?AltAir Fuels?UOP?HEFA SPK?AltAir Fuels installed the first commercial renewable jet fuel(HEFA SPK)production unit using UOP technology with offtake by United Airlines2021?100%?World Energy(AltAir)?UOP?Firstcommercial passenger flight on 100%SAF with UnitedAirli

22、nes using renewable jet fuel produced at WorldEnergy(AltAir)using UOP Renewable Jet Fuel Process2019?100?World Energy(AltAir)?UOP?Gulfstream Corporate Aircraft Fly More Than 1M Nautical Miles On SAF produced by UOP Renewable Jet Fuel Process at World Energy(AltAir)?https:/ Confidential-2019 by Honeywell International Inc.All rights reserved.?THANKS?18