Honeywell/SK E&S tie-up for carbon capture in Southeast Asia/South Korea
US firm Honeywell recently announced a collaboration with energy firm SK E&S, an affiliate of Korean conglomerate SK Group, to deploy Honeywell carbon capture technology to help enable SK to accelerate the energy transition in Korea and other parts of Southeast Asia.
SK and Honeywell are deploying Honeywell UOP’s Advanced Solvent Carbon Capture (ASCC) system at a SK E&S natural gas power plant to showcase carbon capture’s vital role in decarbonising hard-to-abate industries such as power generation, steel, cement, and petrochemicals. Honeywell’s technology is a key element to SK E&S’s pursuit to build a portfolio of sustainable solutions to provide to its customers as it becomes an early mover in sustainability in Korea.
Honeywell’s Advanced Solvent Carbon Capture technology is specifically designed for post-combustion flue gas applications, enabling greater than 95% carbon dioxide (CO2) capture. This technology can be retrofitted within existing plants or included as part of a new installation.
“Joining efforts in Korea to deploy Honeywell Advanced Solvent Carbon Capture technology will further complement SK E&S portfolio of end-to-end environmentally friendly solutions to decarbonise both SK E&S’ assets and in the future our customers’ assets, as we aim to be a leader in decarbonizing Korea and Southeast Asia,” said TB Cha, Head of Net Zero Technology Centre at SK E&S. “We look forward to collaborating with Honeywell to demonstrate a competitive and reliable post-combustion capture system for broad deployment.”
“Working with SK E&S will demonstrate Honeywell’s ready now ASCC technology to help decarbonize fossil-fuel power generation, which is an essential component of the overall energy transition,” said Barry Glickman, vice president and general manager, Honeywell Sustainable Technology Solutions. “This collaboration is a key milestone in demonstrating post-combustion capture technology in natural gas power plant applications, allowing Honeywell to showcase its advanced technology and modular equipment supply capabilities.”
Honeywell is committed to achieving carbon neutrality in its operations and facilities by 2035. This commitment builds on the company’s track record of sharply reducing the greenhouse gas intensity of its operations and facilities, as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About 60% of Honeywell’s new product introduction R&D investment is directed toward products that improve environmental and social outcomes for customers.
