Procurement Resource Logo
    • Complexity Reduction Tool
    • Digital Should Cost Model
    • Procure 360
    • Sourcing Compass
    • Spend Analytics
    • Sustainability Tracker
    • Pricing Dashboard
  • Industries
    • Agriculture & Farming Commodities
    • Chemicals
    • Energy, Metals and Minerals
    • Flavours and Fragrances
    • Food and Beverages
    • Healthcare
    • Machinery, Electronics and Durables
    • Operating Costs, Logistics and Utilities
    • Packaging
  • Services
    • Category Compass
    • Commodity Compass
    • Supplier Compass
    • Data Analytics & Automation
    • Digital Solutions
    • Blogs
    • News & Articles
    • Newsletter
    • Manufacturing Plant Project Report3000+
    • Production Cost Report2000+
    • Price Trends1000+
Social Media Icon of linkedinCall Support IconSearch Icon
Login

Newsletter

Get Latest News About Procurement Resource Subscribe for News

Industries

  • Agriculture & Farming Commodities
  • Chemicals
  • Energy, Metals and Minerals
  • Flavours and Fragrances
  • View All

Services

  • Category Compass
  • Commodity Compass
  • Supplier Compass
  • Data Analytics & Automation
  • Digital Solutions
  • View All

Useful Links

  • Testimonial
  • Press Releases
  • About Us
  • Careers
  • Who We Are
  • Term Of Use
  • Contact Us

Solutions

  • How We Work
  • Tail Spend Management
  • Full Time Engagement
  • Custom Research
  • Subscriptions
  • Resource Center
  • Return/Refund Policy
Copyright © 2026 Procurement Resource. All rights reserved.
  • Social Media icon Twitter i.e X
  • Social Media icon instagram i.e insta
  • Social Media icon linkedin i.e in
  • Social Media icon facebook i.e fb

News and Articles

  1. Home/
  2. News and Articles/
  3. Honeywell

Honeywell and SK E&S join hands to bolster energy transition in Korea and SE Asia

Blog Detail Image
Sep 29, 2023
˜ Veronica Khanna

Honeywell, a prominent US technology solutions firm, has entered a partnership with SK E&S, a subsidiary of the South Korean conglomerate, SK Group. The collaboration aims to utilize Honeywell's carbon capture technology to further the energy transition agenda in Korea and multiple regions within Southeast Asia.

The two companies will integrate Honeywell UOP’s Advanced Solvent Carbon Capture (ASCC) system into an SK E&S natural gas power plant, illustrating the pivotal role of carbon capture in reducing emissions from sectors that are traditionally challenging to decarbonize. The carbon capture technology developed by Honeywell can be seamlessly integrated into existing power plants or incorporated during the construction of new facilities. Specifically designed for post-combustion flue gas applications, this technology boasts an impressive capability to capture over 95% of carbon dioxide (CO2), as stated by Honeywell.

Barry Glickman, the Vice President and General Manager at Honeywell Sustainable Technology Solutions, emphasized the significance of the collaboration, stating that it will highlight Honeywell's state-of-the-art ASCC technology's potential in decarbonizing fossil-fuel-based power generation. This move is vital in the broader context of the global energy transition. Glickman further highlighted that this partnership is a crucial step in manifesting post-combustion capture technology within natural gas power plant operations.

For SK E&S, this partnership with Honeywell is an addition to its portfolio of green decarbonization solutions. TB Cha, who heads the Net Zero Technology Center at SK E&S, articulated the company's ambition to spearhead decarbonization initiatives in both Korea and Southeast Asia. Cha expressed enthusiasm about the alliance with Honeywell, aiming to showcase a robust and competitive post-combustion capture system fit for widespread implementation.

Post-combustion carbon capture is a process initiated after the combustion phase in industries, wherein hot flue gases containing a variety of gases, including CO2, are produced. Incorporating exhaust stacks with a post-combustion carbon capture system allows these gases to pass through a separation unit. Typically, this unit uses solvents or absorbents to selectively capture CO2. Once trapped, the CO2 is then isolated from the capturing material, following which it is compressed and either stored or repurposed.

According to the article, by Procurement Resource, Honeywell has partnered with SK E&S to integrate Honeywell UOP’s Advanced Solvent Carbon Capture (ASCC) system into SK E&S natural gas plants in Korea and Southeast Asia. This technology captures over 95% of CO2 from post-combustion flue gases. Barry Glickman of Honeywell emphasized its role in decarbonizing fossil fuels, while TB Cha of SK E&S expressed enthusiasm about advancing decarbonization solutions. The collaboration seeks to showcase effective post-combustion carbon capture for widespread use.

Recent News & Articles

Class III Milk Forecast Lifted to $17.00/cwt on Cheese and Whey Strength
Class III Milk Forecast Lifted to $17.00/cwt on Cheese and Whey Strength
Cheese Procurement Outlook: Spot Prices Ease, Annual Forecasts Rise
Cheese Procurement Outlook: Spot Prices Ease, Annual Forecasts Rise
Coconut Oil Procurement Outlook Improves as Export Supply Grows
Coconut Oil Procurement Outlook Improves as Export Supply Grows
Rapeseed Oil Supply Outlook Improves as Canada Stocks Rise
Rapeseed Oil Supply Outlook Improves as Canada Stocks Rise
Sunflower Oil Supply Rebuild Coming as Ukraine Output Jumps 19 Percent
Sunflower Oil Supply Rebuild Coming as Ukraine Output Jumps 19 Percent

Tags

#Commodity Prices
#Commodity Prices
#Commodities
#Commodities
#Industrial News
#Industrial News
#Gold
#Gold
#Chemicals
#Chemicals
#Outlook for Potassium Carbonate
#Outlook for Potassium Carbonate
#US Steel Scrap Prices
#US Steel Scrap Prices
#USDA Milk Forecast
#USDA Milk Forecast
#Cheese Prices
#Cheese Prices
#Agriculture Raised
#Agriculture Raised
  • Access independent price trends and market intelligence for thousands of raw materials.
  • Request customised production cost and prefeasibility reports for specific plants or locations.
  • Explore subscription dashboards for continuous tracking of prices, indices, and news.
  • Commission bespoke research on categories, suppliers, or trade flows tailored to your brief.

Our Team will be happy to assist you

We are Just a Text away

Read other news in this category

Paper prices in Europe exhibit a downward trend
Paper prices in Europe exhibit a downward trend
Cement Prices in India Recently Declined amid Dwindling Construction Work
Cement Prices in India Recently Declined amid Dwindling Construction Work
Price Trend of Nitrile Butadiene Saw a Declining Drift Amid Low Demand in Europe
Price Trend of Nitrile Butadiene Saw a Declining Drift Amid Low Demand in Europe
Oil Supply Risk Persists Amid Elevated Middle East Conflicts
Oil Supply Risk Persists Amid Elevated Middle East Conflicts
Global Petrochemical Industry Fluctuates Amidst Inflationary Pressure in the first quarter of 2024
Global Petrochemical Industry Fluctuates Amidst Inflationary Pressure in the first quarter of 2024