Honeywell and SGP BioEnergy have announced a joint effort to revolutionise the production of biochemicals from plant-based materials, marking a significant step toward reducing the global dependence on fossil fuels. The collaboration aims to convert industrial hemp and other plant feedstocks into biochemicals used in everyday products, including plastics, offering a sustainable alternative to fossil fuel-derived chemicals.
Honeywell will spearhead the development of scalable technology to convert plant material into biochemicals on a large scale. Meanwhile, SGP BioEnergy will provide the necessary infrastructure, workforce, and second-generation feedstock—such as industrial hemp—through its “READY.GROW.” program.
As part of the collaboration, Honeywell will also provide ongoing operational support and workforce training to ensure safe and efficient operations at SGP BioEnergy. This partnership aligns with Honeywell’s focus on supporting the global energy transition, a priority driven by the need for cleaner, sustainable technologies.
“Honeywell is committed to developing innovative solutions to help enable the energy transition,” said Bryan Glover, Chief Technology and Growth Officer at Honeywell Energy and Sustainability Solutions. “This cutting-edge technology will allow us to produce petrochemical alternatives using second-generation feedstocks like hemp, reducing our reliance on fossil fuels while avoiding any impact on the food chain.”
The initiative also reflects a growing demand for cleaner and more sustainable biochemical solutions worldwide. Randy Delbert Letang, Founder, President, and CEO of SGP BioEnergy, highlighted the transformative potential of biochemicals: “Advancements in the creation and use of biochemicals and biomass are bringing the world to a transformative inflection point. With Honeywell’s technological leadership and commitment to decarbonisation, this partnership is a natural fit to drive our ‘Zero Waste Ecosystem’ model forward.”
