Schedule a Call Back
Honeywell and Samsung E&A collaborate to reduce power plant emissions
Industry News- Sep 19,24
Between 2023 and 2030, Honeywell estimates that the company’s CCUS technologies will have a cumulative impact of mitigating 320 million metric tons of CO2e.
Honeywell (Nasdaq: HON) announced a collaborative endeavour with Samsung E&A to jointly market solutions aimed at the hard-to-abate power plant sector globally. The initiative seeks to reduce carbon emissions and contribute to the fight against climate change. It also supports Honeywell’s alignment of its portfolio to three powerful megatrends, including the energy transition.
Samsung E&A, a total solutions provider for the global energy industry, will leverage Honeywell’s industry-leading carbon capture technologies to help power plants reduce carbon emissions and meet environmental goals. Together, the companies will offer customers access to a carbon capture solution by jointly marketing Honeywell’s advanced solvent carbon capture (ASCC) technology.
“As two carbon capture leaders, our collaboration highlights the importance of cooperative approaches in reducing greenhouse gas emissions,” said Hong Namkoong, President and CEO, Samsung E&A. “Deploying Honeywell’s carbon capture technologies allows Samsung E&A to offer viable, more sustainable solutions for global clients during this energy transition.”
Carbon capture, utilisation, and storage (CCUS) can significantly reduce carbon dioxide (CO2) emissions, acting as a crucial stopgap during the expected transition from fossil fuels to lower carbon energy sources. These technologies help to mitigate the environmental impact of various industries responsible for greenhouse gas emissions.
"Honeywell has long been a global leader in carbon capture technologies and our collaboration with Samsung E&A only further highlights our commitment to reducing emissions and tackling climate challenges,” said Ken West, President and CEO, Honeywell Energy and Sustainability Solutions. “With decades of experience and a broad portfolio of carbon capture solutions, we are ready to help businesses meet growing carbon mitigation expectations and increasingly stringent environment goals by abating emissions from existing sources."
Honeywell’s CCUS technologies have been developed and deployed in numerous applications globally. Between 2023 and 2030, Honeywell estimates that the company’s CCUS technologies will have a cumulative impact of mitigating 320 million metric tons of CO2e.
Honeywell
Samsung E&A
power plant sector
Ken West
Hong Namkoong
carbon emissions
sustainability
carbon capture technologies
Related Stories
Automation & Robotics
Is your facility ready to handle the energy demands of full automation?
As warehouses scale AI-driven automation, energy demand is emerging as a critical constraint alongside productivity gains. Strategic power planning is now essential, writes Emily Newton.
Read moreAuto & Auto Components
CEAT Partners CleanMax for 59 MW Hybrid Wind–Solar Power Project
CEAT has partnered with CleanMax to source ~59 MW of hybrid wind–solar power for its Halol and Kanchipuram plants, boosting clean energy use to around 60 per cent and cutting emissions significant..
Read moreChemicals, Lubricants & Raw Material
How is AI shaping the future of cement milling?
AI is transforming cement milling by enabling dynamic, data-driven control that improves energy efficiency, stabilises throughput and enhances asset reliability. By leveraging real-time data, predic..
Read moreRelated Products
Integrated Electric Gripper S Series
ELECTRICAL & ELECTRONIC EQUIPMENT
IBK Engineers Pvt Ltd offers a wide range of integrated electric gripper S series.
Geared Electric Motors
ELECTRICAL & ELECTRONIC EQUIPMENT
Delco Fans Pvt Ltd offers single phase capacitor run and three
phase geared Instrument motors, totally enclosed face/foot mounted.
“Kusam-Keco” Partial Discharge Acoustic Imager - Model - Km-pdai
ELECTRICAL & ELECTRONIC EQUIPMENT
‘Kusam-Meco’ has introduced a new “Partial Discharge Acoustic Imager Model KM-PDAI.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
