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Companies Honeywell International Inc FollowNEW YORK, Oct 10 (Reuters) - Tech firm Honeywell International Inc (HON.O) will roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol, the company said on Monday, as the Biden administration calls for the aviation industry to reduce emissions. Honeywell's technology can increase production efficiency of sustainable aviation fuel (SAF) to lower costs. Oil refiners have been trying to increase production of SAF to try to lower emissions. The new technology would also enable oil refiners and other fuel producers to convert current or idle facilities into SAF production plants, it said. Many producers have chosen to make sustainable aviation fuel from feedstocks with lower carbon-intensity, such as grease and animal fat.

☆ F-35 jet deliveries can resume following waiver for Chinese-origin alloy, Pentagon says
▼ + stars: | 2022-10-08 | by ( Mike Stone | ) www.reuters.com time to read: +1 min

WASHINGTON, Oct 8 (Reuters) - Deliveries can resume for Lockheed Martin Corp's (LMT.N) F-35 jet under a waiver allowing Chinese-origin alloy to go into an engine part, the Pentagon said on Saturday. In September the Pentagon stopped accepting new F-35 jets after it discovered a magnet in the stealthy fighter's engine was made with unauthorized material from China. Lockheed Martin, which manufactures the jets, had said the issue was "related to a magnet on the F-35 Turbomachine manufactured by Honeywell that includes cobalt and samarium alloy." An alternative source for the alloy will be used in future, the Joint Program Office said in its statement. There are other Chinese-origin magnets on the jet that have received waivers from past Pentagon officials.

☆ Printing the future: New factory tech reshapes the U.S. industrial economy
▼ + stars: | 2022-09-21 | by ( Timothy Aeppel | ) www.reuters.com time to read: +6 min

DEVENS, Mass., Sept 21 (Reuters) - The giant machines churning out metal parts on this factory floor do not bang or clang - or make any other noise usually associated with heavy-duty manufacturing. VulcanForms builds metal parts by layering on and fusing together materials bit by bit — rather than cutting them out of blocks of metal or stamping them out in metal foundries. The factory has made everything from medical implants and gun suppressors to tire molds and computer cooling devices. VulcanForms is unique among 3D printing companies in that it builds its own proprietary machines - which it will not sell to other producers - and uses them to make parts for its customers. The company is growing quickly, with plans to double the number of 3D printing machines at the Devens factory by the end of this year.

☆ Honeywell gets a well-deserved stock boost on terrific quarter, adequate guide
▼ + stars: | 2022-07-28 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Revenue at Honeywell rose 4% year over year organically to $9 billion for the quarter, exceeding expectations of $8.68 billion. However, full-year guidance was in-line to better-than-expected, with management raising its estimated midpoint for organic sales growth, adjusted earnings per share and segment margins. Honeywell generated operating cash flow of $789 million and free cash flow of $843 million, versus expectations of $892 million and $572 million, respectively. Starting with the third quarter, management forecasts sales of $8.9 billion to $9.2 billion, versus expectations of $9.14 billion. Full-year free cash flow guidance was unchanged at between $4.7 billion and $5.1 billion versus a $4.91 billion consensus.

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