Rafinerija Nafte Brod Selects Technology from Honeywell’s UOP and ExxonMobil Research and Engineering Company to Improve

  Rafinerija Nafte Brod Selects Technology from Honeywell’s UOP and ExxonMobil
  Research and Engineering Company to Improve Quality of Refined Lubricants
  and Fuels

  First initiative under new licensing alliance between Honeywell’s UOP and
                  ExxonMobil Research & Engineering Company

Business Wire

DES PLAINES, Ill. & FAIRFAX, Va. -- October 23, 2012

UOP LLC, a Honeywell (NYSE: HON) company, and ExxonMobil Research and
Engineering Company (EMRE) announced today that Rafinerija Nafte Brod, Bosnia
and Herzegovina’s sole oil refinery, has selected UOP and EMRE technology to
improve the quality of refined lubricants and fuels.

The licensing agreement is the first under a joint licensing alliance formed
by Honeywell UOP and EMRE last year.

The new technology will allow Rafinerija Nafte Brod to improve its product
quality and environmental performance. The refiner will combine Honeywell UOP
Unicracking™ hydroprocessing solutions with EMRE’s distillate and lubricant
de-waxing technologies to produce ultra-clean jet and diesel fuels and
high-quality lubricant base stocks.

Pete Piotrowski, vice president and general manager of Process Technology and
Equipment for Honeywell’s UOP said, “The new Unicracking complex will help the
refinery increase their fuel and lube yields through an integrated and
cost-effective approach.”

“The EMRE technology platform provides a one-stop solution for Rafinerija
Nafte Brod’s hydroprocessing and fuel de-waxing needs,” said Vince Alberico,
manager of Technology, Sales and Licensing for EMRE.

The Unicracking complex will include Honeywell’s UOP two-stage Unicracking
process integrated with EMRE’s MSDW™ process for selective dewaxing lubricant
feedstocks and EMRE’s MIDW™ processes for dewaxing diesel feedstocks. The
complex will upgrade more than 45,000 barrels per stream day of kerosene,
diesel and vacuum gas oil feedstock into high-quality diesel and jet fuels. It
will also produce high-quality base oils that will be used for the production
of Group II and Group III lubricants at Refineria Ulia Modricha, which is part
of the oil refining production chain in Bosnia and Herzegovina. The new
complex is scheduled to start operations in 2016.

Honeywell’s UOP Unicracking technology provides flexibility to upgrade a
variety of feedstocks to high-quality, lighter transportation fuel products.
It can also be used to produce low-sulfur naphthas for reforming into
gasoline, or to upgrade FCC products for additional distillate production or
sulfur removal.

EMRE’s MSDW and MIDW processes are advanced proprietary technologies to
optimize production of lubricants and distillate fuels. The MSDW process is
designed to overcome high-sulfur environments and provides the highest yields
and viscosity available in the industry. MIDW is a selective catalytic
dewaxing process that can improve yields of high-quality diesel with excellent
cold flow properties.

Honeywell’s UOP has been developing and licensing hydroprocessing solutions,
including advanced catalysts and specialty equipment, for nearly 100 years. As
a major research and engineering organization, EMRE develops a broad spectrum
of refining technologies to safely and reliably respond to an array of process

About Honeywell’s UOP

UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading
international supplier and licensor of process technology, catalysts,
adsorbents, process plants, and consulting services to the petroleum refining,
petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary
of Honeywell International, Inc. and is part of Honeywell’s Performance
Materials and Technologies strategic business group. For more information, go
to www.uop.com.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and
manufacturing leader, serving customers worldwide with aerospace products and
services; control technologies for buildings, homes and industry;
turbochargers; and performance materials. Based in Morris Township, N.J.,
Honeywell’s shares are traded on the New York, London, and Chicago Stock
Exchanges. For more news and information on Honeywell, please visit

About ExxonMobil Research and Engineering Company

EMRE is the research and engineering arm of Exxon Mobil Corporation
(NYSE:XOM), a leading global oil, natural gas, and petrochemicals company
whose subsidiaries have operations in nearly 200 countries and territories.
Additional information regarding ExxonMobil and technologies it licenses can
be found at http://www.exxonmobil.com/refiningtechnologies.

Cautionary Statement:

This release contains “forward-looking statements” within the meaning of
Section 21E of the Securities Exchange Act of 1934. All statements, other than
statements of fact, that address activities, events or developments that we or
our management intend, expect, project, believe or anticipate will or may
occur in the future are forward-looking statements. Forward-looking statements
are based on management’s assumptions and assessments in light of past
experience and trends, current conditions, expected future developments and
other relevant factors. They are not guarantees of future performance, and
actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements
are also subject to risks and uncertainties, which can affect our performance
in both the near- and long-term. We identify the principal risks and
uncertainties that affect our performance in our Form 10-K and other filings
with the Securities and Exchange Commission.


Downstream Media Relations, 703-846-4467
Honeywell UOP
Krystal Hughes, 847-391-3561
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