Saturday 20 July 2024

HONEYWELL TECHNOLOGY PRODUCED IN MALAYSIA SUPPORTS GAS OPERATORS AROUND THE WORLD





KUALA LUMPUR, July 19 (Bernama) --
 Honeywell announced that its industry-leading membrane technology is now used in more than 300 major natural gas operations globally, enhancing production and contributing to the 40 million tons of installed CO2 capture capacity enabled by the company’s technology.¹ This innovation is made in the company's advanced manufacturing facility in Penang and demonstrates Honeywell's alignment of its portfolio with three compelling megatrends, including the energy transition.

Honeywell Separex™ membranes enable oil and gas operators to remove contaminants, such as carbon dioxide and hydrogen sulfide, from natural gas operations. Removing these contaminants makes the natural gas usable as fuel, transformable into petrochemicals, or transportable through pipelines.

“Honeywell's Penang facility is a center of excellence for membrane technology,” said YC Lim, Honeywell president of Malaysia and Singapore. “The expertise of our Malaysian employees and strong relationships with local suppliers in sourcing raw materials are vital to Honeywell’s global operations.”

The technology was recently selected for a carbon capture and storage project in Thailand, where hydrocarbon that would otherwise be flared or burned is captured and geologically stored in depleted gas reservoirs. Honeywell’s membrane technology is also currently deployed at major natural gas operations in Asia-Pacific countries including Petronas’ Kasawari offshore gas development project Malaysia, Indonesia, and Australia.

The Malaysian National Energy Transition Roadmap (NETR) highlighted the importance of decarbonizing Malaysia’s fossil fuel energy sources, and natural gas is being used as a transitional fuel toward renewable sources. Natural gas accounts for approximately 25% of global electricity generation and has become a crucial resource in the energy sector's sustainability efforts,² and is expected to comprise 40% to 50% of the demand by 2050, with Asia anticipated to experience the largest growth in gas demand.³

Honeywell's Penang facility collaborates closely with the company's gas processing R&D center in Des Plaines, Illinois, USA, in developing new products to support their customers' evolving operational requirements and market demands.
 
About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom

 
¹ Includes capacity of deployed Honeywell technology (membranes and chemical & physical solvents) in installed projects enabling CO2 capture from gas streams, of which 15 million tons of the captured CO2 is being utilized for enhanced oil recovery annually.

 
Source: Honeywell International Sdn Bhd 

http://mrem.bernama.com/viewsm.php?idm=49024

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