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HONEYWELL AND ENLINK MIDSTREAM WILL COLLABORATE TO DELIVER CARBON CAPTURE SOLUTION
Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf CoastProven Honeywell carbon capture technology
About this update from Honeywell International Inc.
[{"type":"text","content":"Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf CoastProven Honeywell carbon capture technology complements EnLink's extensive pipeline infrastructure and projected sequestration connections to provide full service, capital-efficient service offeringsHoneywell will conduct a feasibility study for a potential retrofit of existing assets at its Louisiana facilities, including a carbon capture solution and EnLink's transportation and sequestration solutionHOUSTON, June 9, 2022 /PRNewswire/ -- Honeywell (NASDAQ: HON) and EnLink Midstream, LLC (NYSE: ENLC) today announced they will work together to deliver carbon capture solutions to industrial-scale carbon dioxide (CO2) emitters within the U.S. Gulf Coast area.\n\n \n \n \n \n \n \n\n \nThe Honeywell and EnLink relationship will focus on the Mississippi River corridor from New Orleans to Baton Rouge, an area that has many large, concentrated sources of industrial CO2 emissions. The companies will jointly market Honeywell's broad range of ready-now technologies in CO2 capture, Honeywell's hydrogen purification technologies for lower-carbon hydrogen production, and EnLink's planned CO2 pipeline transportation network. The offering will be cost-efficient and is expected to significantly reduce further environmental impacts compared to deploying the offering utilizing new pipeline construction.\nWith more than 50 years of experience in gas processing, Honeywell has extensive experience with proven carbon capture and hydrogen technologies. Honeywell's new advanced solvent CO2 capture and hydrogen solutions allow for CO2 to be captured, transported, and stored at a lower cost through greater efficiency, while allowing for smaller equipment and lower capital operational expenses needed to run the plant compared to existing technologies1.\n\"EnLink has existing pipeline infrastructure and decades of experience operating these assets in the Gulf Coast region. When coupled with Honeywell's proven carbon capture and hydrogen technologies, we can provide customers with a cost-effective approach to CO2 capture and transportation that will ultimately accelerate carbon reductions in a key industrial region,\" said EnLink Chairman and CEO Barry Davis.\n\"Collectively, as an industry we need to act,\" said Vimal Kapur, president and chief execu...