Wed. Nov 30th, 2022

Fortune 500 Campanies in New Jersey

Spencer Platt/Getty Images News

Honeywell (NASDAQ:HON) said Monday its new ethanol-to-jet fuel processing technology will allow producers to convert corn-based, cellulosic, or sugar-based ethanol into sustainable aviation fuel.

Depending on the type of ethanol feedstock used, Honeywell (HON) said jet fuel produced from its ethanol-to-jet fuel process can reduce greenhouse gas emissions by 80% on a total lifecycle basis compared to petroleum-based jet fuel.

The company said SAF plants using its technology can be modularized offsite enabling lower installed costs and faster, less labor-intensive installation compared to job site construction.

“Honeywell’s ethanol- to-jet process, when used as a standalone or when coupled with Honeywell carbon capture technology, is ready now to provide a pathway to lower carbon-intensity SAF,” said Barry Glickman, VP of Honeywell (HON) Sustainable Technology Solutions.

Honeywell (HON) “offers investors meaningful income growth potential and decent capital appreciation upside potential,” Valuentum writes in an analysis published on Seeking Alpha.



Source link