Johnson Matthey and Honeywell partner to advance lower carbon hydrogen solutions
The companies will offer JM's innovative LCH™ technology, coupled with Honeywell's leading carbon capture technology to produce lower carbon intensity hydrogen (blue hydrogen) at scale.
The demand for hydrogen solutions is on the rise with public policies and funding mechanisms being put in place to encourage investment.
According to JM- Honeywell UOP calculations, the result is a solution which will enable direct process emissions to be less than 0.1 kgCO2/kgH2 by capturing carbon rates above 99%.
Alberto Giovanzana, chief commecial officer of Catalyst Technologies at Johnson Matthey said: "By joining complementary technology elements, we will provide customers with a cost-effective approach that will enable meaningful reductions in emissions compared to conventional technology. As we mentioned in our Strategy Review earlier in the year, Catalyst Technologies aim to expand our offering through new strategic partnerships, integrating them with adjacent technologies. This is an exciting first step and we look forward to working with Honeywell on expanding our offering to include other sustainable technologies in the fuel and chemical spaces."
"Industries need to quicken their pace to reduce their emissions in order to meet their carbon reduction targets," said Barry Glickman, vice president and general manager, Honeywell Sustainable Technology Solutions. "This is accelerating the demand for clean hydrogen, which is expected to grow up to sevenfold by 2050. Collaborations like the one between Honeywell and Johnson Matthey across the clean hydrogen value chain are essential to accelerating the energy transition and helping to meet global emissions goals."