According to Business Wire, Exxonmobil and Honeywell have formed a strategic alliance. The alliance will be between ExxonMobil’s Research and Engineering (EMRE) company and Honeywell’s UOP group. The result of the alliance will be a “suite of lube and advanced fuels hydroprocessing and engineering capabilities to companies in the refining sector.”
EMRE offers hydroprocessing technology for motor oil and UOP offers high-quality feed-stocks to produces premium lubricants. The alliance is limited to marketing licensing.
The Bottom Line:
The alliance will produce the following:
• Integrated process design solution
• Hydrocracking and Hydroprocessing solutions for fuels and lubes
Business Wire. ExxonMobil Research and Engineering Company and Honeywell’s UOP Form Strategic Alliance. Business Wire. 3 August 2011.
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