UOP Honeywell

Name

UOP Honeywell

Legal name

Honeywell International Inc.

Website

https://uop.com

Company type

Public

Founded year

1914

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Industrial Process Technology Licensing

NAICS

Petrochemical Manufacturing (32511), Petroleum Refineries (32411)

SIC

Petroleum Refining (2911), Chemicals & Allied Products (2800), Industrial Organic Chemicals (2860)

akta.pro primary industry

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK)

akta.pro secondary industries

Biofuel Upgrading, Hydrotreating & Refining (Co-processing, Isomerization) (EUAAAHAG), Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA), Syngas & Hydrogen Feedstocks (SMR/ATR, Refinery/Petrochem H2) (EUALAHAE)

Keywords

• Process technology licensing
• Refinery catalysts
• Sustainable aviation fuel
• Petrochemical process technology
• Carbon capture technology

Headquarters

HQ city

Anaheim

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Process Technology Licensing: Honeywell UOP licenses its proprietary process technologies (Ecofining, Fischer Tropsch, Oleflex, etc.) to refineries, petrochemical plants, and renewable fuels producers. Revenue is generated through upfront license fees, engineering and design fees, and ongoing technology support contracts. These are typically large, long-cycle enterprise transactions with national oil companies, major oil companies, and independent refiners globally.
2. Catalyst Sales: Sale of proprietary catalysts for refining, petrochemical, and renewable fuels processes including hydrocracking, hydrodesulfurization, catalytic reforming, and sustainable aviation fuel production. Revenue is recurring as catalysts require periodic replacement in operating plants. Honeywell UOP competes with BASF, Haldor Topsoe, Johnson Matthey, Axens, and others in the global catalyst market.
3. Digital Services and Lifecycle Solutions: Honeywell Forge digital services providing process optimization, analytics, training, and simulation tools. These services help customers improve plant performance through integrated software and UOP process expertise. Sold as recurring service contracts and one-time implementation engagements.
4. Aftermarket Equipment and Services: Aftermarket services including equipment replacement parts, maintenance, and technical support for UOP process units. Also includes modular solutions and Callidus environmental combustion technology. Revenue generated through service contracts, spare parts sales, and modular equipment deliveries.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Honeywell UOP licenses proprietary process technologies and supplies specialty catalysts, adsorbents, modular equipment, and digital lifecycle services to refineries, petrochemical plants, and renewable fuels producers. Its portfolio enables the production of transportation fuels, petrochemicals, sustainable aviation fuel (SAF), renewable diesel, hydrogen, and CO2 capture solutions, supported by Honeywell Forge digital optimization tools and global aftermarket services.

Product overview

Honeywell UOP is a technology and licensing company offering a comprehensive portfolio of process technologies, catalysts, adsorbents, digital services, and equipment solutions for the energy and petrochemical industries. The core offerings include refining and petrochemical process technologies (Oleflex, Fischer Tropsch Unicracking, Ecofining, Biocrude Upgrading), supported by specialized catalysts and HSP Adsorbents. These technologies are complemented by Honeywell Forge for Industrial digital services for plant optimization, Lifecycle Solutions for ongoing support, and Modular Solutions for faster deployment. The company also provides equipment offerings including Callidus Technologies for environmental combustion and various aftermarket services. Together, these products enable refineries, petrochemical plants, and renewable fuels producers to process crude oil, natural gas, biomass, and waste materials into fuels, chemicals, and other valuable products.

Differentiator

Problem solved

Functional benefit

Brands

• Honeywell Forge for Industrial: Digital industrial software platform
• Callidus Technologies
• nViro Waste Management Solutions
• Honeywell CFX Technology

Products and services

• HSP Adsorbents Honeywell Sphere Premium (HSP) Adsorbents are specialized adsorbent materials used in industrial separation and purification processes for gas and liquid applications, serving refineries, petrochemical plants, and gas processors.
• Catalysts Honeywell UOP's catalyst portfolio includes next-generation catalyst systems for refining, petrochemical, and renewable fuels processes, including hydrocracking, hydrodesulfurization, catalytic reforming, and specialty catalysts designed to improve operational efficiency and meet environmental regulations.
• Honeywell Forge for Industrial Honeywell Forge for Industrial is a digital services platform that integrates process technologies, automation, and software to help customers improve plant performance through process design, training, optimization, and analytics. It is offered to refinery and petrochemical operators as part of UOP's digital and lifecycle services portfolio.
• Lifecycle Solutions Lifecycle Solutions provide comprehensive lifecycle management services for UOP process technologies, including technical support, optimization, and maintenance solutions for refineries, petrochemical plants, and renewable fuels producers.
• Training Services Training Services provide technical training and simulation services for UOP process technologies and operations personnel of customer refineries and petrochemical plants.
• Aftermarket Aftermarket provides equipment and support services for maintaining and optimizing UOP process systems, including equipment replacement parts, maintenance, and technical support for UOP process units.
• Callidus Technologies Callidus Technologies provides environmental combustion technology solutions for industrial emissions control and process heating applications at refineries and chemical plants.
• Modular Solutions Modular Solutions provide prefabricated, modular systems designed for faster deployment of process technologies, including the Biocrude Upgrading process, enabling refiners to produce drop-in fuels without major equipment overhauls.
• Ecofining Process Technology Ecofining is a proprietary process technology co-developed with Eni S.p.A. that converts waste fats, oils, and greases into renewable diesel and sustainable aviation fuel (SAF), offering capital- and cost-efficient production with broad feedstock flexibility. Licensed to refiners and SAF producers worldwide.
• Oleflex Process Technology Oleflex is a catalytic dehydrogenation process technology for propane-to-propylene conversion, used by petrochemical producers including Dangote Refinery, which deployed it to produce an additional 750,000 metric tonnes of propylene annually.
• Fischer Tropsch Unicracking Process Technology Fischer Tropsch Unicracking is a proprietary process technology used to produce electro-sustainable aviation fuel (eSAF) from syngas derived from biomass gasification or green hydrogen and CO2, deployed in flagship eSAF projects in South Africa and the UK.
• Biocrude Upgrading Process Biocrude Upgrading is a modular, prefabricated process that converts agricultural and forestry waste into renewable fuels including SAF, enabling refiners to produce drop-in fuels without major equipment overhauls by processing biocrude at existing refineries using inexpensive biomass feedstocks.
• Ethanol-to-Jet (ETJ) Technology

Quantifiable outcome

• Phelan Green eSAF facility to produce more than 140,000 tons of eSAF annually for EU and UK markets
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Eleven partnerships are on record, tiered core, moderate and flagship.

• Dangote RefinerycoreTechnology or Integration · 20 April 2026Dangote Refinery announced a deal to deploy Honeywell UOP's Oleflex technology to produce an additional 750,000 metric tonnes of propylene annually and 400,000 metric tonnes per year of Linear Alkyl Benzene. The partnership was welcomed by industry stakeholders including the National Association of Small-Scale Industrialists and the Centre for the Promotion of Private Enterprise as a significant development that will reduce Nigeria's dependence on imported petrochemical inputs worth several billion dollars annually.
• Phelan Green / Phelan eFuelscoreTechnology or Integration · 1 April 2026Phelan Green, through its subsidiary Phelan eFuels, selected Honeywell UOP's Fischer Tropsch Unicracking process technology for its planned electro-sustainable aviation fuel (eSAF) facility in Saldanha Bay, South Africa. The facility is part of the Phelan Green Hydrogen Project, a R47 billion (approximately US$2.5 billion) private investment recognized by the South African government as a nationally strategic green industrial development. Construction will commence in Q4 2026, and once operational, the facility will produce more than 140,000 tons of eSAF annually for EU and UK markets.
• Carbon Neutral Fuels (UK)moderateTechnology or Integration · 21 February 2026UK-based Carbon Neutral Fuels announced it selected Honeywell UOP's Fischer-Tropsch Unicracking technology for its Project Starling e-fuels facility in Workington, capable of producing up to 25,000 tons of SAF annually. Construction is targeted to begin in 2028 and production in 2031, serving the growing European SAF market.
• TruAlt Bioenergy LimitedcoreTechnology or Integration · 2 February 2026Honeywell UOP and TruAlt Bioenergy Limited signed an agreement to produce 80,000 tonnes per annum of Sustainable Aviation Fuel in India using Honeywell's Ethanol-to-Jet technology. The project aims to position India as a global hub for SAF production while supporting the country's Aatmanirbhar Bharat self-reliance vision in biofuel production. The collaboration will reduce CO2 emissions from aviation and contribute to higher farmer incomes through increased demand for bioethanol.
• SAF One Energy Management LimitedflagshipStrategic or Co-development Partner · 29 January 2026SAF One announced Honeywell UOP as its Ecofining process technology provider for the first SAF facility in the Middle East. The project has aggregate backing of approximately $208 million from eight co-investors including Airbus, Air France-KLM Group, BNP Paribas, CMA-CGM, Mitsubishi HC Capital, and Qantas Airways. The facility, expected to break ground in 2026 and be operational by end of 2028, will convert used cooking oil and waste oils into SAF using Honeywell's Ecofining technology developed in collaboration with Eni S.p.A. Discussions are also underway for a separate SAF project in India.
• Tata Projects LimitedflagshipImplementation/ SI/ Consulting Partner · 29 January 2026Tata Projects was selected as the engineering, procurement, and construction (EPC) lead for SAF One's Middle East SAF project, which uses Honeywell UOP's Ecofining technology. Tata Projects' role as EPC partner is combined with Honeywell UOP's technology and SAFFA Fund's investment to support a 'design one, build many' approach for multiple SAF production units.
• Aramco and King Abdullah University of Science and Technology (KAUST)coreStrategic or Co-development Partner · 2 October 2025Aramco, Honeywell UOP, and King Abdullah University of Science and Technology (KAUST) signed a Joint Development Agreement to develop and scale Crude-to-Chemicals (CTC) technology that transforms crude oil directly into light olefins and other high-demand chemicals. The initiative aims to minimize capital and operational expenses while enhancing fuel efficiency, carbon utilization, and overall process economics. The partnership builds on Aramco and Honeywell's 60-year collaboration history and aligns with Saudi Arabia's Vision 2030 goals.
• SAMSUNG E&AmoderateGTM or Marketing Partner · 23 June 2025SAMSUNG E&A hosted its Tech Forum 2025 in Seoul, South Korea, with Honeywell UOP presenting its technologies including carbon capture, green hydrogen, and sustainable aviation fuel solutions. Partner companies including Nel, Honeywell UOP, Johnson Matthey, Carbon Clean, and Svante presented their respective technologies at the forum.
• Johnson Matthey (pending acquisition)coreTechnology or Integration · 1 May 2025Honeywell announced the planned acquisition of Johnson Matthey's Catalyst Technologies business, which would expand Honeywell UOP's capabilities with the addition of a significant installed base across refining, petrochemical, and renewable fuels, enhance the existing catalyst portfolio, and grow renewable fuels capabilities. The acquisition is subject to customary closing conditions.
• NTPC Green EnergymoderateStrategic or Co-development Partner · 26 April 2025NTPC Green Energy signed an MoU with Honeywell UOP to explore sustainable aviation fuel production opportunities in India, supporting the country's renewable energy and decarbonization goals.
• Eni S.p.A.coreStrategic or Co-development PartnerHoneywell UOP co-developed the Ecofining process technology with Eni S.p.A. The Ecofining technology converts waste fats, oils, and greases into renewable diesel and SAF, and is a cornerstone of UOP's sustainable aviation fuel portfolio.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Topsoe: Topsoe (formerly Haldor Topsoe) is a direct competitor to Honeywell UOP in refining catalysts, hydroprocessing, and renewable fuels process technologies, with overlapping offerings in hydrotreating, hydrocracking, and SAF.
• Axens: Axens is a direct competitor licensing refining, petrochemical, and gas processing process technologies, including hydrocracking, catalytic reforming, and biofuels, serving the same NOC, IOC, and independent refiner customer base as UOP.
• BASF: BASF is a direct competitor to UOP in refining and petrochemical catalysts (notably zeolite adsorbents) and also develops process technologies, making it a broad incumbent in UOP's core market.
• Johnson Matthey: Johnson Matthey's Catalyst Technologies business is a direct competitor in refining, petrochemical, and renewable fuels catalysts, and is the subject of Honeywell's pending acquisition, making it a near-term peer and eventual in-house asset.
• Clariant: Clariant is a direct competitor to UOP in specialty and refining catalysts, with comparable offerings in hydroprocessing and emissions control catalysts serving refining and petrochemical customers.

Emerging players

• ExxonMobil Catalysts and Licensing: ExxonMobil is a major UOP customer (carbon capture at Baytown) but also licenses its own process technologies and develops catalyst technology in-house, making it a partial peer as well as a customer.

Broad incumbents

• Linde Engineering: Linde is a broad incumbent in industrial gases and engineering, with a hydrogen and gas processing portfolio that overlaps with UOP's gas processing, hydrogen, and carbon capture offerings.
• Air Products: Air Products is a broad incumbent in industrial gases and hydrogen, with overlapping capabilities in hydrogen production, gas processing, and decarbonization technologies that are adjacent to UOP's gas processing and CCUS portfolio.
• KBR: KBR is a broad incumbent in process technology licensing (notably in ammonia, refining, and sulphur recovery) and EPC, overlapping with UOP's process technology, sulphur recovery, and EPC-adjacent offerings.
• Technip Energies: Technip Energies is a broad incumbent in process technology licensing and EPC for refining, petrochemicals, and energy transition, with comparable offerings in hydrogen, sustainable fuels, and sulphur recovery versus UOP.

Market position

Strengths5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/honeywell
• Facebookfacebook.com/honeywell
• LinkedInlinkedin.com/company/166708
• Instagraminstagram.com/honeywell
• Xx.com/honeywelluop

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UOP Honeywell