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Events / Business / Honeywell powers Acelen Renewables'...
Business technology agreement

Honeywell powers Acelen Renewables' Brazil refinery

Analysis based on 6 articles · First reported Jun 17, 2026 · Last updated Jun 18, 2026

Sentiment
60
Attention
4
Articles
6
Market Impact
General
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Market Impact

This agreement is expected to positively impact Honeywell's stock price due to increased demand for its renewable fuel technology. It will also benefit Acelen Renewables by enabling large-scale production of sustainable aviation fuel and renewable diesel, potentially boosting its market position in the green energy sector.

Renewable energy Aerospace Industrial automation
Event Summary

Honeywell announced that its modular Ecofining process technology, along with specialized pumps, compressors, and integrated control and safety systems, will be used by Acelen Renewables for sustainable aviation fuel (SAF) and renewable diesel production at a new greenfield site in Bahia, Brazil. This facility is projected to be one of the largest in the world, utilizing macaúba oil as a sustainable feedstock native to Brazil. The Honeywell UOP Ecofining process, co-developed with Eni, converts waste fats, oils, and greases into renewable fuels, capable of reducing greenhouse gas emissions by up to 80%. This collaboration aims to meet the increasing global demand for renewable fuels, with Honeywell's modular delivery model designed to shorten construction time and lower costs for faster SAF production.

Entities Involved
priv
Acelen Renewables
Acelen Renewables will utilize Honeywell's Ecofining process technology and automation systems at its greenfield site in Bahia, Brazil, to produce sustainable aviation fuel and renewable diesel, aiming to become one of the largest producers globally.
Importance 100.0 Sentiment 70.0
stock
Honeywell
Honeywell announced that its modular Ecofining process technology, specialized pumps, compressors, and integrated control and safety systems will be used by Acelen Renewables for sustainable aviation fuel and renewable diesel production, enhancing Honeywell's position in the renewable fuels market.
Importance 100.0 Sentiment 70.0
per
Marcelo Cordaro
Marcelo Cordaro, COO of Acelen Renewables, highlighted the sustainability and economic benefits of the Bahia facility project, emphasizing Honeywell's role in maximizing lower-emission fuel production.
Importance 40.0 Sentiment 0.0
per
Ken West
Ken West, president and CEO of Honeywell Process Technology, stated that Honeywell's low-carbon process technologies enable companies like Acelen Renewables to meet the growing demand for renewable fuels.
Importance 40.0 Sentiment 0.0
stock
Eni
Eni co-developed the Honeywell UOP Ecofining process, which is being adopted by Acelen Renewables, indirectly benefiting from the technology's broader adoption.
Importance 30.0 Sentiment 20.0
cnt
Brazil
Importance 0.0 Sentiment 0.0
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