Honeywell Smart Energy

What Honeywell Smart Energy does

Honeywell Smart Energy operates as Honeywell Process Technology, a business unit of Honeywell International Inc. (NASDAQ: HON) that delivers advanced process technology, critical equipment, and digital solutions across the energy value chain. The unit is anchored by Honeywell UOP, a flagship process technology business providing proprietary catalysts, licensing, and engineering services for refining, petrochemicals, gas processing and LNG, low-carbon energy (carbon capture, hydrogen, renewable fuels), and industrial separation/purification. Sundyne, a wholly-owned subsidiary acquired to extend the equipment portfolio, supplies centrifugal pumps, sealless magnetic drive pumps, compressors, and diaphragm gas compressors to energy, chemical, petrochemical, and industrial customers. Digital offerings—Connected Plant (near real-time optimization on Honeywell Forge), Performance+ software, and Advanced Training simulators—layer predictive and operational capabilities onto the underlying process technology stack, supported by the UOP Service Guide covering 24/7 global expertise, on-site inspection, turnaround services, and recurring service agreements.

The business monetizes through three primary streams: (1) licensing royalties on proprietary process technologies and catalysts sold to refiners and petrochemical/gas producers; (2) hardware sales of Sundyne-branded pumps and compressors; and (3) subscription/recurring revenue from digital monitoring, performance software, training, and aftermarket service agreements. GTM is enterprise field sales, with customer engagement initiated through expert consultations and contact forms and supported by a global 24/7 service network. End markets are segmented vertically—Refining, Petrochemicals, Gas and LNG, Low-Carbon Energy, and Industrial Solutions—and pricing is quote-based on custom enterprise contracts. Scale claims indicate dominance across multiple downstream products: 66% of world's LNG liquefied, 70% of polyester, 60% of gasoline, 60% of paraxylene, 50% of renewable fuels, and 90% of biodegradable detergents, alongside 79 renewable fuels licenses, 15M tons of CO2 captured, and 1,800+ modular construction implementations.

Name

Honeywell Smart Energy

Legal name

Honeywell International Inc.

Website

https://pmt.honeywell.com

Company type

Public

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Honeywell Process Technology (Honeywell Smart Energy) provides proprietary process technology, catalysts, critical equipment, and digital solutions for the global energy value chain, serving refiners, petrochemical producers, LNG operators, and low-carbon energy companies through its UOP and Sundyne brands.

Ownership category

akta.pro rank

Product category

Energy Process Technology

NAICS

Pump and Compressor Manufacturing (33391), Fluid Power Pump and Motor Manufacturing (333996), Mining and Oil and Gas Field Machinery Manufacturing (33313), Other General Purpose Machinery Manufacturing (3339)

SIC

Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Syngas & Hydrogen Feedstocks (SMR/ATR, Refinery/Petrochem H2) (EUALAHAE)

akta.pro secondary industries

Energy & Utilities in Manufacturing (Energy Management/Smart Metering) (IMAIAMAK), Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)

Keywords

• Process technology licensing
• Catalyst manufacturing
• Refining process solutions
• LNG processing technology
• Carbon capture solutions

Headquarters

HQ city

Broadmeadows

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Process Technology Licensing: Licensing of proprietary process technologies, catalysts, and engineering solutions for refining, petrochemicals, and energy production.
2. Equipment Sales: Sale of critical equipment including centrifugal pumps, compressors, sealless magnetic drive pumps, and diaphragm gas compressors through Sundyne brand.
3. Digital Solutions and Services: Digital monitoring, performance software, training services, inspection, consultation, and dedicated customer support including 24/7 global expertise assistance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Honeywell Smart Energy (operating as Honeywell Process Technology under the Honeywell UOP brand) delivers advanced process technologies, catalysts, engineering services and digital intelligence for the global energy value chain. The portfolio spans refining, petrochemicals, gas processing and LNG production, low-carbon energy (carbon capture, hydrogen, renewable fuels), and industrial separation and purification solutions. The business also sells critical rotating equipment—centrifugal pumps, compressors, sealless magnetic drive pumps, and diaphragm gas compressors—through its acquired Sundyne brand, and complements these offerings with digital platforms (Connected Plant, Performance+) and training simulators.

Product overview

Honeywell Smart Energy (Honeywell Process Technology) operates as a platform-plus-modules architecture centered on Honeywell UOP, the company's primary process technology business, augmented by the acquired Sundyne brand for pumping and compression equipment. The portfolio includes six core industry solution modules (Refining, Petrochemicals, Gas and LNG, Low-Carbon Energy, Industrial Solutions, and Digital & Services) that integrate with digital offerings such as Connected Plant, Performance+ software, and Advanced Training simulators—all supported by the UOP Service Guide for comprehensive aftermarket support. This integrated approach enables customers to optimize traditional energy sources while creating new energy opportunities across the entire energy value chain.

Differentiator

Problem solved

Functional benefit

Brands

• Connected Plant: Proactive, near real-time optimization recommendations powered by Process and Controls Solutions and enabled by Honeywell Forge.
• Performance+
• Advanced Training
• Sundyne

Products and services

• Honeywell UOP Process Technology Suite A portfolio of proprietary process technologies, catalysts and engineering services licensed to refining, petrochemical, gas/LNG, and low-carbon energy producers worldwide, providing next-generation solutions that optimize asset performance across the energy value chain.
• Sundyne Pumps and Compressors Centrifugal pumps, compressors, sealless magnetic drive pumps, and diaphragm gas compressors sold to energy, chemical, petrochemical and industrial customers globally under the Sundyne brand acquired by Honeywell.
• Connected Plant

Quantifiable outcome

• 50% of world's renewable fuels produced using Honeywell technology
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Topsoe: Provider of catalysts, process technologies and engineering for refining, hydrogen, renewable fuels and emissions control. Competes head-to-head with UOP in hydroprocessing, hydrogen, and renewable fuels licensing.
• Axens: French process technology licensor offering refining, petrochemical, gas, and renewable fuels solutions with proprietary catalysts and adsorbents. Direct competitor in conversion and upgrading process technologies.
• Lummus Technology: Direct competitor in process technology licensing for refining, petrochemicals and gas processing. Both license proprietary process technologies, catalysts and engineering services to the same global energy and chemicals customer base.
• Shell Catalysts & Technologies: Licenses process technologies and catalysts for refining, petrochemicals and gas processing. Competes with UOP in hydrocracking, fluid catalytic cracking, and ethylene technologies.

Emerging players

• Emerson Electric: Industrial automation and process control supplier whose DeltaV and AspenTech assets increasingly bundle software and digital optimization into refining and petrochemical operations, competing with Connected Plant and Performance+.

Broad incumbents

• BASF: Global chemical major with a process catalysts and technologies portfolio serving refining and petrochemicals. Provides competing catalysts and process solutions to similar energy customers.
• Air Products & Chemicals: Global industrial gas and hydrogen major with its own process technology, equipment and EPC capabilities for gas processing and LNG. Overlapping capabilities in hydrogen, gas processing, and energy transition infrastructure.
• Linde plc: Industrial gases giant with engineering and process technology for hydrogen, syngas, and petrochemical applications. Overlaps in gas processing, hydrogen production, and clean energy solutions.
• Siemens Energy: Energy infrastructure OEM with compressors, turbines, and process solutions for gas, LNG, and power generation. Overlaps with Sundyne equipment and Honeywell's gas/LNG process technologies.

Others

• Honeywell International Inc. Parent conglomerate that owns and operates Honeywell Process Technology as a business unit. Relevant as the corporate sponsor and capital allocator; comparable for industry context but not a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/honeywell
• LinkedInlinkedin.com/company/elster-water-metering

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Honeywell Smart Energy