Honeywell (Nasdaq: HON) recently announced a partnership with Shanghai Bao Hydrogen Gas Industry Co., Ltd. (hereinafter referred to as “Shanghai Bao Hydrogen”), a subsidiary of China Baowu Iron and Steel Group (hereinafter referred to as “Baowu Group”) , To provide Shanghai Bao Hydrogen with advanced hydrogen purification and purification technology and overall solutions, jointly promote the production and development of hydrogen energy in the Chinese market, promote the steel industry to achieve energy saving and emission reduction and help achieve the “dual carbon” goal.
Honeywell joins hands with Shanghai Bao Hydrogen to deploy hydrogen energy market to help achieve dual carbon goals
Honeywell joins hands with Shanghai Bao Hydrogen to deploy hydrogen energy market to help achieve dual carbon goals
Honeywell UOP will provide Shanghai Bao Hydrogen with a set of high-purity hydrogen production stations with an output of 6000 standard cubic meters per hour. The hydrogen products will be used in the Baowu Group’s non-oriented silicon steel production line and hydrogen fuel vehicle hydrogenation stations. At present, the project has officially started, and it is planned to be put into operation in 2022. Honeywell UOP’s hydrogen purification and purification technology and overall solutions can target hydrogen recovery and provide high-purity products, and the entire production process is safe and environmentally friendly.
“As an important solution to achieve decarbonization, hydrogen energy plays an important role in helping to achieve the goal of’carbon peak and carbon neutral’. With the increasing progress of technology, large-scale promotion and policy support, hydrogen energy has a market Potential clean energy, and its industrial chain has entered a rapid development track in China.” Xiang Lei, Vice President and General Manager of Honeywell UOP China, said: “The Baowu Group is a long-term strategic partner of Honeywell, regardless of whether it is in the factory. Both automatic control and air separation molecular sieve fields have long-term cooperation. This time Honeywell UOP and Shanghai Bao Hydrogen in the hydrogen energy industry will integrate the resource advantages and technological advantages of the two industry leaders to jointly develop China’s hydrogen energy The huge potential of the market will help my country’s “dual carbon” goal to be achieved.”
Established in 2000, Shanghai Baohydrogen is a subsidiary of Baowu Clean Energy Co., Ltd., a subsidiary of Baowu Group. The high-purity hydrogen produced and sold is the external window of Baowu Group’s industrial gas. Baowu Clean Energy Co., Ltd. is a clean energy innovation and development platform established by leveraging on the resources cost advantages and spatial layout advantages of Baowu Group and seizing strategic opportunities. As a first-tier subsidiary of Baowu Group, Baowu Clean Energy Co., Ltd. focuses on the four major industries of hydrogen energy, new energy, industrial gas and natural gas, leading the application of clean energy in the steel industry and driving the green development of the steel ecosystem.
In April 2021, Honeywell announced its commitment to achieve carbon neutrality goals for all business operations and facilities by 2035. Honeywell has mature technologies to reduce carbon emissions and has long been committed to improving customers’ environmental performance and social benefits by providing innovative products and services. In fact, about 50% of Honeywell’s new product development is based on improving customers’ environmental performance and social benefits. In China, Honeywell serves China’s ‘carbon peak’ and ‘carbon neutral’ goals through continuous development of products and technologies that meet customers’ energy and environmental needs, and works with Chinese partners to shape a sustainable future.
Honeywell UOP is a leading supplier in the oil and gas field, with a history of more than 80 years in China. In 1937, Honeywell UOP entered the Chinese market and helped establish the Gansu Yumen Oil Refinery, one of the first modern oil refineries in China. When US President Nixon visited China in 1972, at the invitation of the Chinese government, he recommended elite companies from ten major fields to China to promote the two-way exchanges between the two countries and promote China’s modernization. Among them, the only one in the oil refining and petrochemical field selected to recommend to the Chinese government was Huo UOP, a subsidiary of Nivel Performance Materials and Technology Group.
Honeywell is a Fortune Global 500 high-tech company, providing industry-customized aviation products and services, building and industrial control technology, and characteristic materials to the world. It is committed to integrating aircraft, automobiles, buildings, factories, and The interconnection of all things such as chains and workers has enabled the world to achieve a more intelligent, safe and sustainable long-term development. Honeywell was founded in 1885, and its history in China can be traced back to the first distribution agency opened in Shanghai in 1935. Honeywell adheres to the philosophy of cultivating China and seeking long-term development, and implements the strategies of “Eastern Serving the East” and “Eastern Serving the World”, and promotes growth with local innovation. At present, all Honeywell business groups have settled in China, and Shanghai is the headquarters of Honeywell Asia Pacific. For more company information, please visit Honeywell China website www.honeywell.com.cn, or follow Honeywell’s official Weibo and official WeChat.
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