Honeywell Secures $300M Contract for Dangote Refinery in Kenya

Key Facts

1Honeywell secured a $300 million contract to provide technology and engineering services for the Dangote Petroleum Refinery in Kenya.

Honeywell secured a $300 million contract to provide technology and engineering services for the Dangote Petroleum Refinery in Kenya. GuruFocus reported that the agreement supports operations at the refinery, which is designed to process 700,000 barrels per day, and extends a decade-long partnership focused on advanced industrial solutions.

HON closed at $210.13 on September 29, 2026, with the company maintaining a market capitalization of $66.60 billion. Financial data indicates a robust net margin of 22.77%, while the stock saw a day high of $213.37 and a low of $209.02 during the September 29 session.