The acquisition of CCC will be integrated into Honeywell's Process Solutions business to “strengthen Honeywell's leadership in industrial control,
automation and process solutions, enabling customers to accelerate their energy transition,” says Honeywell.
The acquisition also bolsters Honeywell's high growth sustainability portfolio with new carbon capture control solutions,
where the same turbomachinery is used to achieve effective removal of CO2 from process plant emissions, and even from the Earth's atmosphere.
Honeywell says that, by adding CCC's proprietary performance analytics,
optimization algorithms and predictive health analysis to Honeywell's existing Forge Performance+ offering,
users will be able to maximize production uptime and minimize maintenance spend through its Asset Performance Management (APM) capability built on a cloud-native architecture.
According to Honeywell, the “combination of the companies’ existing offerings will provide the most complete end-to-end portfolio of products for operational control,
safety and asset performance management of compressors, turbines, generators and other turbomachinery in the LNG, gas processing, refining and petrochemical segments.”
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