Samsung E&A, a total solutions provider for the global energy industry, announced a strategic collaboration with Honeywell to explore new opportunities in technology advancement, energy efficiency, and sustainable solutions. The companies signed a Memorandum of Understanding (MoU) at the 9th Future Investment Initiative (FII) 2025 in Riyadh, Saudi Arabia. The agreement signals their shared commitment to driving innovation in the global energy sector.
Advancing Carbon Capture and Sustainable Fuel Technologies
Under the MoU, Samsung E&A and Honeywell will combine their technical expertise and industry experience. Together, they will advance solutions in carbon capture and storage (CCS), waste-to-sustainable aviation fuel (SAF) technologies, and energy efficiency improvements. This collaboration builds upon a strong history of partnership between the two companies and aims to accelerate progress toward a lower-carbon energy landscape.
Leadership Perspectives on Innovation and Sustainability
Hong Namkoong, President and CEO of Samsung E&A, emphasized, “This strategic collaboration with Honeywell, together with our ongoing initiatives, reaffirms Samsung E&A’s strong commitment to advancing innovation and sustainability across the global energy industry.”
Anant Maheshwari, President and CEO Global Regions at Honeywell, highlighted, “Achieving a future energy industry with the right economics, security, and emissions management requires a broad range of innovative technologies. Our collaboration with Samsung E&A combines best-in-class solutions and deep expertise to build a more efficient and resilient energy sector for the long term.”
Driving the Energy Transition through the E&Able Strategy
Samsung E&A continues to strengthen its role in the global energy transition by diversifying its markets and developing sustainable business models. Guided by its E&Able strategy, the company focuses on three core pillars:
- E&Able Low: Advancing low-carbon technologies.
- E&Able Zero: Achieving zero-carbon solutions.
- E&Able Circle: Promoting environmental responsibility and circular solutions.
Through these initiatives, Samsung E&A is evolving into a comprehensive engineering solutions provider dedicated to building a cleaner, technology-driven future.
Expanding on a Strong Foundation of Collaboration
The latest agreement deepens the existing partnership between the two companies. Samsung E&A and Honeywell have previously collaborated to deploy Honeywell’s Advanced Solvent Carbon Capture (ASCC) technology in hard-to-abate energy projects. They also recently partnered with Johnson Matthey and GIDARA Energy to drive end-to-end SAF production from biomass and municipal waste.
Catalyst for Global Energy Transformation
Samsung E&A and Honeywell aim to accelerate innovation across the global energy ecosystem. They combine their technological strengths and shared commitment to sustainability. As per the press release, the partnership marks another decisive step toward advancing cleaner and smarter energy solutions. It also aims to promote more efficient technologies for the future.
