Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A Join Forces in SAF Technology Partnership

Honeywell International Inc. (NASDAQ:HON), Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have announced a strategic partnership to develop a complete global solution for producing sustainable aviation fuel (SAF) from biomass and municipal solid waste. This alliance combines their diverse expertise to simplify the entire SAF production process, from raw materials to the finished fuel.

Together, they plan to launch a new technology that uses the Fischer-Tropsch (FT) process, aiming to tap into widely available feedstocks worldwide to meet the increasing demand for SAF and boost energy security. Their joint effort is designed to speed up project completion and offer customers a single point of contact for managing the project and ensuring product quality, improving communication and reliability throughout the process.

Ken West, President and CEO, Honeywell Energy and Sustainability Solutions, made the following comment:

“The launch of our innovative end-to-end SAF alliance demonstrates the power of collaboration to address the world’s energy demands. As demand for SAF increases, the technology to expand available feedstock options becomes increasingly vital. This comprehensive alliance provides refiners with a strategic approach to quickly execute their vision.”

By combining their resources, the partners expect to cut the time from feasibility studies to plant startup by over 15% and lower capital costs by up to 10%. This new alliance builds on the existing collaboration between Johnson Matthey and Honeywell International Inc. (NASDAQ:HON) in synthetic fuels, including methanol-to-jet and FT-based solutions.

Honeywell International Inc. (NASDAQ:HON) is a diversified company that operates across many industries and regions worldwide. Its business focuses on three major global trends: automation, the future of aviation, and the shift to cleaner energy. These efforts are supported by the Honeywell Accelerator operating system and the Honeywell Forge IoT platform.

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