From Yahoo Finance: 2025-06-05 18:16:00

Honeywell International Inc., Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have partnered to create a global solution for sustainable aviation fuel (SAF) production. They aim to use the FT process to meet the growing demand for SAF and reduce project timelines and costs.

Ken West, Honeywell Energy and Sustainability Solutions CEO, highlighted the importance of collaboration in addressing energy demands through the SAF alliance. The partnership is expected to cut project timelines by over 15% and reduce capital costs by up to 10%.

Honeywell International Inc. is a diversified company focusing on automation, aviation, and cleaner energy. The partnership with Johnson Matthey aims to advance synthetic fuels and expand feedstock options for SAF production. Honeywell’s efforts are supported by the Honeywell Accelerator and Forge IoT platform.

While Honeywell (HON) shows promise as an investment, other AI stocks may offer higher returns with limited downside risk. Investors seeking opportunities in AI stocks and those benefiting from onshoring and tariffs can explore potential options in the market. No specific recommendations are provided in the article.



Read more at Yahoo Finance: Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A Join Forces in SAF Technology Partnership