HONEYWELL TECHNOLOGY HELPING TO PRODUCE SUSTAINABLE AVIATION FUEL WITH LOWER COST AND WASTE [Yahoo! Finance]
Honeywell International Inc. (HON)
Last honeywell international inc. earnings: 5/1 06:30 am
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Source: Yahoo! Finance
DG Fuels to deploy new Honeywell technology in its SAF production plant CHARLOTTE, N.C. April 24, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today 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 streams as compared to other commonly used hydroprocessing technologies. Honeywell's Fischer-Tropsch (FT) Unicracking™ technology takes liquids and waxes from processed biomass – including leftovers from crops, wood waste or food scraps – and can be used to produce SAF that complies with the strict standards of the aviation industry and with a lower environmental impact. This innovation demonstrates Honeywell's alignment of its portfolio with three compelling megatrends , including the energy tran
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- Honeywell International Inc. (NASDAQ: HON) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
HON
Earnings
- 4/25/24 - Beat
HON
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/1/24 - Form 4
- HON's page on the SEC website