RTP is the only commercially proven process of its kind and the only biomass conversion technology commercially operating today that produces a liquid biofuel that can directly replace petroleum-based fuel oil. The award was presented in the category of Sustainable Biopower Generation Facility at the World Biofuels Markets, a leading event for the biofuels industry.

RTP technology converts biomass, including forest and agricultural residues, into a clean-burning, nearly carbonneutral liquid biofuel that can be burned to generate heat or electricity, or further upgraded to other fuels. RTP technology works by rapidly heating biomass at ambient pressure to generate high yields of a liquid biofuel. The fuel can be burned in industrial burners to produce heat or to power electric generators. RTP technology has been used in a number of projects worldwide using a variety of wood biomass sources for the generation of heat and power.

"As the demand for renewable fuels increases, Envergent is committed to innovation using sustainable resources and bringing relevant technology to the marketplace that will help reduce our dependence on fossil fuels and improve our environmental footprint," said Dave Cepla, managing director for Envergent Technologies LLC.

Honeywell's UOP received a $25 million award from the US Department of Energy to build an Integrated Biorefinery in Kapolei, Hawaii. In 2011, it began construction of the demonstration unit, which will convert forest residuals, algae and other cellulosic biomass into pourable, liquid biofuel using RTP technology.

This liquid biofuel will then be upgraded to green transportation fuels using hydroprocessing technology from Honeywell's UOP.