Honeywell carbon capture technology will save Exxon's money

Honeywell carbon capture technology to be used in Exxon hydrogen facility

At a potential hydrogen production facility in Texas, Exxon Mobil Corp will utilize carbon capture technology from Honeywell International Inc to absorb carbon dioxide, according to Honeywell.

According to Honeywell, the technology would allow Exxon to capture almost 7 million tons of carbon dioxide (CO2) annually, which is the same as the annual emissions from 1.5 million cars.

By 2028, it is anticipated that the plant near Baytown, Texas, will be up and running.

The agreement’s value is still a secret. Honeywell refused to talk about the terms.

Exxon is to make money by encouraging others to reduce their carbon footprint

The Baytown hydrogen plant is a component of Exxon’s strategy to make money by encouraging other businesses to reduce their carbon footprint. Additionally, CO2 created during the hydrogen production process Exxon will trap and store indefinitely.

According to Dan Ammann, president of ExxonMobil Low Carbon Solutions, the project demonstrates our dedication to assisting clients in their efforts to reduce carbon emissions.

Honeywell: Carbon dioxide technology reduces the cost of CTS

According to Honeywell, the cost of capturing, transporting, and storing carbon dioxide was reduced by its CO2 fractionation and hydrogen purification technology. The firm says it was less expensive and required less equipment than competing solutions.

According to Barry Glickman, a vice president at Honeywell, their ready-now carbon capture technology helps to decarbonize industrial processes and is efficient since it enables considerable emissions reductions that can be crucial in the energy transition.

One billion cubic feet (28 million cubic meters) of hydrogen Exxon’s Baytown refinery in Texas will produce per day. Heavy businesses attempting to convert from fossil to renewable fuels are the target market for the fuel, which emits no emissions when burned.

How does Honeywell carbon capture technology work?

Honeywell is a technology company offering various solutions across various industries, including carbon capture technology. Honeywell’s carbon capture technology involves the use of a proprietary solvent to capture carbon dioxide (CO2) emissions from industrial processes such as power generation and cement production.

The process works by first capturing the CO2 emissions from the flue gas using the solvent. They then separated the CO2 from the solvent and compressed it, ready for transportation and storage. They then reused the solvent in the capture process.

One of the key benefits of Honeywell’s carbon capture technology is its ability to capture CO2 emissions from industrial processes with high concentrations of impurities, such as sulfur dioxide and nitrogen oxides. This makes the technology suitable for a range of industries, including power generation, cement production, and petrochemical manufacturing.

Honeywell’s carbon capture technology helps industries reduce their carbon footprint and meet emissions reduction targets. It can also provide a revenue stream for companies through the sale of the captured CO2 for use in enhanced oil recovery or other applications.