Honeywell released the White Paper on Low-Carbon Development of the Refining and Chemical Industry to help the industry transform and upgrade its low-carbon business

After a series of innovative skills and solution plans, innovative ideas are provided for the transformation of refining and chemical vocational skills and the continuous development

Honeywell signed a low-carbon collaboration agreement with Nanshan Group

Shanghai, China, November 6, 2021 – Honeywell (NASDAQ: HON) officially released the White Paper on Low-Carbon Development of Refining and Chemical Occupations at the 4th China International Import Expo. In view of the transformation challenges and innovation needs faced by the refining and chemical profession and enterprises under the background of the "dual carbon" policy, the white paper puts forward strategic guidance and skill suggestions, so as to continue to carry out innovative ideas for the completion of the refining and chemical industry. At the launch ceremony, Honeywell and its collaborating partner, Nanshan Group, signed a collaboration agreement on the skills to help achieve carbon neutrality.

The white paper details the development trend of China's refining and chemical industry under the requirements of the "carbon peak" and "carbon neutrality" policies, and focuses on the transformation and upgrading challenges and opportunities faced by refining and chemical enterprises, from the four primary links of "material", "process", "emission" and "operation", to provide enterprises with advanced transformation and upgrading strategies and skill solutions, and introduces a number of low-carbon innovation skills of Honeywell suitable for refining and chemical enterprises.

"The refining and chemical industry is a key category of energy conservation and emission reduction in China and the completion of 'carbon neutrality'. For refining and chemical enterprises, low-carbon transformation is not only a test for the upgrading of traditional production models, but also a favorable opportunity for leapfrogging development through innovation. "Honeywell believes that the 'dual carbon' policy will effectively drive the optimization of China's refining and chemical industry structure, improve the level of vocational skills, and continue to develop completed occupations." We will strive to help refining and chemical enterprises improve their economic benefits together through innovative skills and solutions. ”

China's policy of "carbon peak" and "carbon neutrality" has put forward new requirements for the development of the refining and chemical industry, which will enable the refining and chemical profession to continue to screen backward production capacity and promote the integration of production capacity on the one hand, and on the other hand, through the skill innovation of the center, promote the refining and chemical profession to complete clean production and green development, and bring about the improvement of the industrial value chain. As a leading supplier of skills and solutions for the refining and chemical industry, Honeywell is committed to assisting refining and chemical companies to identify the primary source of carbon emissions and feasible emission reduction methods, and proposing targeted emission reduction skill plans in terms of materials, processes, emissions, and operations, so as to further improve production power and increase efficiency while helping the refining and chemical industry to complete carbon emission reduction.

"From the development of clean power and molecular management skills, to efficient incineration skills and intelligent and interconnected operations, refining and chemical enterprises can complete low-carbon development from the technical innovation of various production links." Lubo Zhou, Chief Technology Officer of Honeywell Performance Materials & Technologies Asia Pacific, said, "Honeywell is committed to providing refining and chemical companies with a wealth of advanced skills solutions – we help them use renewable resources and recycle materials to transform green materials; After process transformation, the material conversion power is increased; carbon dioxide capture and use; And through the application of digital skills, it helps the refining profession to reduce consumption and improve efficiency, and can continue to be carried out after completion. ”

Honeywell has the advanced skills to deliver green, sustainable solutions from across all production lines. Taking Honeywell Performance Materials & Skills Group as an example, its Ecofining™ process, waste plastic recycling process, Uniflex™ process technology, alkane dehydrogenation technology, "refinery of the future" solution plan, connected factory solution plan, renewable power network management and optimization technology, Kellert intelligent incineration solution plan, carbon capture, use and storage (CCUS) technology and a series of high-tech products and solutions can effectively help refining and chemical enterprises reduce carbon emissions, reduce costs and increase efficiency. Further completion of the enterprise can continue to develop.

In August this year, Honeywell (China) Co., Ltd. continued to carry out the low-carbon center of the research institute was formally established, focusing on the development of low-carbon skills and market demand, and using Honeywell's innovative products and skills as the engine to promote the development and implementation of low-carbon solutions in China's market, so as to help customers continue to carry out and complete China's "carbon peak" and "carbon neutrality" policies. The White Paper on Low-Carbon Development of Refining and Chemical Occupations is the first research result released by the Low Carbon Center.

As a high-tech enterprise in the digital industry, about 50% of the company's new product research and development is based on improving the environmental performance and social benefits of customers. Together, Honeywell is committed to improving its environmental and sustainable performance, and in April this year, the company announced a commitment to complete a carbon neutrality policy for all business operations and facilities by 2035, which is in line with the country's carbon reduction policy and sustainable direction. In China, Honeywell has been implementing the strategy of "East for East", serving the prospect of high-quality development in China, and through continuous development of advanced products and skills, it has worked with Chinese partners to shape a sustainable future.

Honeywell released the White Paper on Low-Carbon Development of the Refining and Chemical Industry to help the industry transform and upgrade its low-carbon business

Honeywell released the White Paper on Low-Carbon Development of the Refining and Chemical Industry to help the industry transform and upgrade its low-carbon business

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