As part of this collaboration, Honeywell will develop new technology that enables plant material to be used as feedstock for biochemical production on an expanded scale. SGP BioEnergy will provide the infrastructure, workforce and second-generation feedstock, including industrial hemp, for this initiative through its “READY.GROW.” program
SGP's dedicated READY.GROW is a global bioenergy feedstock development system delivering low-carbon-intensity feedstocks with end-to-end traceability, sustainable certification using ISCC, and other best practices. SGP intends to utilize these feedstocks to produce advanced biofuels, Green hydrogen, and products manufactured for the global OEM markets.
Rudy Arredondo, President-CEO-Executive Director of Latino Farmers and Ranchers International) said of the program, “SGP's READY.GROW. Program is not just another agricultural project; it's a movement. It lays the foundation for fair, just and equitable agriculture, ensuring a brighter tomorrow for the world.”
To ensure safe and efficient unit operations, Honeywell will provide ongoing operational support and workforce training for the team at SGP BioEnergy. The collaboration with SGP BioEnergy supports Honeywell's alignment of its portfolio to three powerful megatrends, including the energy transition.
“Honeywell is committed to developing innovative solutions to help enable the energy transition. This cutting-edge technology will enable the production of a variety of petrochemical alternatives using second-generation feedstocks,” said Bryan Glover, chief technology and growth officer of Honeywell Energy and Sustainability Solutions.
“Advances in the creation and use of biochemicals and biomass are bringing the world to a transformative inflection point. The global stakeholder demand is continually growing, and policies to incentivize cleaner and safer solutions are aligned among many of those stakeholders,” said Randy Delbert Letang, founder, president and CEO of SGP BioEnergy. “Honeywell's leadership, technological renown and commitment to accelerating the energy transition made it a perfect partner for this initiative given our 'Zero Waste Ecosystem' model and continued efforts towards decarbonization.”
