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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Honeywell International Inc (NASDAQ:HON) has received its first delivery of sustainable aviation fuel at its Phoenix Engines campus.
- The fuel will support the development and production testing of auxiliary power units (APUs) and propulsion engines at the site.
- The fuel is developed by World Energy LLC in California using Honeywell's UOP Ecofining technology and distributed by World Fuel Services.
- The fuel is produced by converting readily available renewable materials such as hydrotreated esters and fatty acids (HEFA). SAF can be combined with conventional jet fuel to power aircraft in blends of up to 50% with petroleum-based jet fuel.
- Blended SAF requires no changes to engine or aircraft fuel systems or fuel infrastructure.
- Honeywell also has plans to test other SAF blends and to run engines and APUs on 100% SAF in the future.
- "At Honeywell, we see SAF as a logical path to decarbonize the aviation industry and we consider our facilities as laboratories for sustainable innovation," said Dave Marinick, president of Engines and Power Systems, Honeywell Aerospace.
- Honeywell is committed to achieving carbon neutrality in its operations and facilities by 2035.
- Price Action: HON shares are trading lower by 0.09% at $207.94 on the last check Monday.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.