Tag: Honeywell

Honeywell Acquires Air Products’ LNG Business in $1.81 Billion All-Cash Deal

Honeywell Acquires Air Products’ LNG Business in $1.81 Billion All-Cash Deal

July 18, 2024 |

In North Carolina, Honeywell has announced its acquisition of Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction.Air Products’ LNG Business has approximately 475 employees with headquarters in Allentown, Pennsylvania and a 390,000-square-foot manufacturing facility in Port Manatee, Florida, where all sizes of coil-wound heat exchangers […]

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Honeywell says hydrocracking technology can produce SAF

Honeywell says hydrocracking technology can produce SAF

April 24, 2024 |

In North Carolina, Honeywell announced its hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make sustainable aviation fuel (SAF) that is 90% less carbon intensive than traditional fossil-based jet fuels. The new technology produces 3-5% more SAF, enables a cost reduction of up to 20% and reduces by-product waste […]

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Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production

Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production

January 27, 2024 |

In North Carolina, Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 barrels per day of sustainable aviation fuel and renewable diesel.  The fuels will be processed at Acelen’s facility in Bahia, Brazil, from a blend of inedible seed and waste oils. With this […]

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