- Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf Coast.
- Proven Honeywell carbon capture technology complements EnLink’s extensive pipeline infrastructure and projected sequestration connections to provide full service, capital-efficient service offerings.
- Honeywell 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 solution.
HOUSTON — 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.
The 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.
With 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.
“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.
“Collectively, as an industry we need to act,” said Vimal Kapur, president and chief executive officer, Honeywell Performance Materials and Technologies. “By harnessing the unique strengths of Honeywell and EnLink and simplifying the process of carbon capture and hydrogen production, we envision an ecosystem that can accelerate industry-wide emissions reduction within this key region in North America.”
Honeywell is committed to achieving carbon neutrality in its operations and facilities by 2035. The company recently strengthened that pledge to include a commitment to develop a science-based target with the Science Based Targets initiative (SBTi) that includes scope 3 emissions, and announced its participation in the U.S. Department of Energy’s Better Climate Challenge. The company also supports the Paris Climate Agreement.
To help meet its sustainability goals, Honeywell plans to conduct a feasibility study to retrofit its existing assets at its facilities in Louisiana with carbon capture utilizing Honeywell’s CO2 Solutions and EnLink’s transportation, and sequestration solution. After a positive result of the feasibility study and obtaining necessary approvals, Honeywell may undertake a retrofit of the facility. The Honeywell Advanced Materials manufacturing plant encompasses several hundred acres and produces a wide range of products, including the Solstice® line of low-global warming refrigerants.
For more information on Honeywell hydrogen and carbon capture solutions, please visit https://pmt.honeywell.com/us/en/solutions/sustainability/carbon-capture.
For more information about Honeywell’s sustainability initiatives, visit our Website.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink’s best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, NGL capabilities, and carbon capture, transportation, and sequestration. Our purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink’s strong financial foundation and commitment to execution excellence drive competitive returns and value for our employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn how EnLink connects energy to life.
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