Prestigious Award from Turkish & American Business World to Tüpraş & Honeywell Collaboration for Biofuel Production

Tüpraş and Honeywell received the first prize in the "Sustainability - Sustainable Development" category in the "IamChamPion" awards, organized by the American Chamber of Commerce - AmCham Turkey, the prestigious platform of the Turkish-American business world.

AmCham Turkey, which represents more than 110 American companies with over $50 billion in investments and employing 100,000 people in Turkey, is an affiliate of the American Chamber of Commerce. AmCham awards Turkish and American companies that have contributed to bilateral trade and investment between Turkey and the United States every year as part of the "I AmChamPion Awards."

The project aimed at producing the first sustainable aviation fuel in Turkey underwent comprehensive evaluations by the jury, based on United Nations Sustainable Development Goals (UN SDG). The project was evaluated under the topics of SDG 7: "Affordable and Clean Energy" - 7.2: "Increase substantially the share of renewable energy in the global energy mix by 2030," SDG 13: "Climate Action" - 13.2: "Integrate climate change measures into policies, strategies, and planning," and SDG 12: "Responsible Production and Consumption."

Serdar Kemaloğlu, Assistant General Manager for Technical Affairs at Tüpraş, stated, "We are very proud to receive the Sustainability award with our project that we carry out using Honeywell's UOP Ecofining technology. Honeywell is our precious partner in this journey, which we have started to produce the first Sustainable Aviation Fuel in Turkey. As Tüpraş, our purpose is to have a Carbon Neutral Tüpraş by 2050 with the strength we gain from our 70 years of roots in the refining industry."

Kemaloğlu added, "As a part of our plan, we focus on three new areas of business, namely biofuels, zero-carbon electricity, and green hydrogen in addition to sustainable refining. We are planning to convert approximately 400 thousand tons of waste vegetable and animal oils to sustainable aviation fuel per year in our facility that we plan to establish in our Izmir Refinery."

Uygar Doyuran, President of Honeywell for Turkey, Israel, and Central Asia, said, "Honeywell has a century-long history of innovations to make our world safer, smarter, and more sustainable. As Honeywell, we have also announced our commitment to be carbon neutral in our facilities and operations by 2035 and we are supporting our customers continuously with our expertise in this area in order to help them reduce their environmental footprints."

"We have technologies that are ready to use as of today in order to support the transition to sustainable energy, including renewable fuels, hydrogen production technologies, carbon capturing, and energy storage at the network level."

"Honeywell UOP Ecofining technology, which we have commissioned together with Tüpraş, our very precious partner, is one of these important technologies."

"Thanks to this technology, Tüpraş will be able to produce biofuel from waste vegetable and animal oils in Izmir Refinery for the first time in Turkey. We are very proud to be together with Tüpraş in this project and we wish it would be beneficial for our country."

About Tüpraş:

Having 30 million tons of annual crude oil processing capacity in its four refineries, Tüpraş is not only the largest industrial corporation and the first producer of Turkey in the refining industry but is also the seventh largest refinery company in Europe and one of the most complex refineries in the Mediterranean basin.

The company, which announced its Carbon Free by 2050 target and its Strategic Transformation Plan in 2021, is focusing on four lines of business, namely 'sustainable refining, zero-carbon electricity, green hydrogen, and biofuels,' and aiming to lead in the energy of the future and clean energy transformation of our country.

About Honeywell:

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

About "I AmChamPion Awards":

AmCham Turkey is a business association and NGO, comprised of U.S. companies with operations in Turkey. Founded in 2004 as an American Chamber of Commerce, AmCham is focused on acting as a bridge between Turkey and the U.S. to further improve bilateral trade and investments, and to support Turkey's economic development by strengthening the business environment and stimulating foreign direct investments.

AmCham Turkey represents 110+ prominent U.S. member firms with investments over $50 billion having created close to 100.000 jobs in Turkey. It endeavors