Honeywell and TotalEnergies pilot AI system at Texas refinery

HOUSTON - Honeywell (NASDAQ:HON) announced Tuesday it is collaborating with TotalEnergies on a pilot program for its AI-assisted Experion Operations Assistant at TotalEnergies’ Port Arthur Refinery in Texas. The industrial conglomerate, with a market capitalization of $124.5 billion, continues to leverage its technological expertise in process automation. According to InvestingPro data, Honeywell is currently trading slightly below its Fair Value, suggesting potential upside for investors.

The AI system, built on Honeywell’s distributed control system, is designed to help refinery operators make faster, more informed decisions by combining operational analytics with real-time predictive insights.

Initial results from the pilot at the refinery’s Delayed Coking Unit show the system has successfully predicted five potential events approximately 12 minutes before alarm incidents occurred, allowing operators to implement corrective actions that helped minimize downtime and reduce emissions from flaring.

"Partnering with Honeywell at our Port Arthur Refinery represents an important step in our journey toward operational excellence across our facility," said Raphael Duflos, VP and General Manager of TotalEnergies’ Port Arthur Platform, in the press release statement.

Jim Masso, President and CEO of Honeywell Process Solutions, noted that the pilot "will mark a meaningful milestone for bridging the gap between autonomous technology and the operators that keep these facilities running safely and efficiently."

The Port Arthur facility refines crude oil into transportation fuels and produces petrochemicals used in various products including plastics, rubber, and pharmaceuticals.

The pilot program is a collaboration between Honeywell, TotalEnergies’ Port Arthur platform and its technology headquarters branch OneTech, according to the company’s announcement.

In other recent news, Honeywell International reported impressive third-quarter results for 2025, surpassing both earnings and revenue expectations. The company achieved an adjusted earnings per share of $2.82, exceeding the anticipated $2.56, and generated $10.4 billion in revenue, which was above the forecasted $10.13 billion. Additionally, Honeywell completed the spin-off of its Advanced Materials business, now operating as Solstice Advanced Materials, with shares beginning to trade on the Nasdaq Stock Market. The spin-off was executed by distributing Solstice common stock to Honeywell shareholders.

In another development, Honeywell announced the leadership team for its upcoming aerospace spin-off, with Jim Currier named as President and CEO and Craig Arnold as Chairman of the Board. The aerospace unit is expected to become an independent, publicly traded company in the latter half of 2026. RBC Capital recently upgraded Honeywell’s stock rating from Sector Perform to Outperform, citing a strong third quarter and a "catalyst-rich phase" due to the planned separation of its Aerospace and Automation businesses.

Meanwhile, in the quantum computing sector, Quantinuum unveiled its latest quantum computer, Helios, which the company claims marks a significant advancement in scale and capability. The $10 billion firm aims to assist clients like JPMorgan Chase and Nvidia in exploring business challenges that quantum technology could address.

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