Honeywell (NASDAQ:HON) Launches Forge Plant Cognition AI Platform at Dangote's Lekki Refinery

Sonal Goyal

27 October 2026 12:24 AM AEDT

Honeywell (NASDAQ:HON) Launches Forge Plant Cognition AI Platform at Dangote's Lekki Refinery

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Key Highlights

Honeywell (NASDAQ:HON) launched Forge Plant Cognition, an industrial AI platform built with NVIDIA and Dell Technologies capabilities.
It launches first at Dangote's refinery in Lekki, Nigeria.
Preliminary estimates point to gross operational benefit of more than 29 cents a barrel, or over $60 million a year at full capacity.
The estimate is specific to the facility and is not guaranteed.

Honeywell Technologies (NASDAQ:HON) announced on 26 October 2026 the launch of Forge Plant Cognition, an industrial AI platform built with NVIDIA AI and accelerated computing and Dell Technologies AI infrastructure. The platform targets refining, petrochemical and liquefied natural gas operators and launches first at Dangote's petroleum refinery in Lekki, Nigeria, described as one of the world's largest single-train refineries.

The Dangote Project

The Lekki project targets higher throughput while building the capabilities of the local engineering and operations teams. Based on preliminary data, Honeywell estimates AI-enabled optimization with Forge Plant Cognition could deliver operational benefit of more than 29 cents a barrel at the refinery. At full-capacity throughput, that would equal more than $60 million in gross benefit per year for the facility.

Honeywell states the figures are calculated gross of implementation costs, are not guaranteed and are specific to this facility. Actual results depend on refinery configuration, operating conditions, crude slate, utilization, baseline performance, data quality, product margins and customer implementation.

Platform Design and Management Comments

Forge Plant Cognition is built on the recently launched Forge Cognition platform and combines process technology expertise, industrial automation and AI. Honeywell says it combines real-time operating data, engineering knowledge and Honeywell Technologies UOP's process expertise with physics-based models, rather than only analyzing data and generating recommendations. It is designed to deliver value in three areas: capturing margin by finding bottlenecks and optimizing throughput and yield; protecting production by detecting emerging equipment and process issues; and scaling industrial expertise by embedding process knowledge in AI-powered workflows.

Rajesh Gattupalli, President of Honeywell Technologies UOP, said industrial plants are among the most complex operating environments and that collaborating with Dangote shows how AI can support productivity, reliability and profitability at scale. The release notes that UOP has more than a century of experience designing and operating refineries.

Honeywell Technologies UOP is the business unit behind the platform's process expertise, and the release says the system can recommend corrective actions and help minimize unplanned downtime. It is designed to embed specialized process knowledge into AI-powered workflows so that operators and engineers can make more consistent decisions. The release was issued with NVIDIA and Dell Technologies named as technology contributors.

Why This Could Matter

The release gives a quantified, facility-specific estimate for a named customer, with the caveats that the figure is gross of costs and not guaranteed. It does not state a contract value or Honeywell's revenue from the project. The Lekki launch is the first deployment, so the estimate comes from preliminary data.

The 29 cents per barrel estimate is described as operational benefit calculated before implementation costs. At full-capacity throughput, the company translates it to more than $60 million of gross benefit per year for this specific facility. Honeywell lists the factors that will determine actual results, including crude slate, utilization and data quality.

The Bottom Line

Honeywell has launched Forge Plant Cognition at Dangote's Lekki refinery, with a preliminary estimate of more than $60 million in annual gross benefit at full capacity and a set of stated conditions on that figure.

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