Americas News
Honeywell, Black & Veatch in LNG Plant Deal
UOP LLC, a division of U.S.-based technology and manufacturing company Honeywell International Inc. [NYSE:HON] (Honeywell) announced Tuesday that it has formed an alliance with global engineering, consulting, and construction company Black & Veatch to provide small-scale liquefied natural gas (LNG) plants producing fuel for ships and other high-horsepower applications.
The plants, which will be available starting this year, will process 50,000 to 500,000 gallons of LNG per day.
"LNG use is growing in the North American transportation and high-horse power sectors because of its low cost and environmental benefits, coupled with the rapid introduction of affordable natural gas engine and infrastructure technology," said Rebecca Liebert, senior vice president and general manager for Honeywell UOP's Gas Processing and Hydrogen business unit.
"Starting this year, this alliance will help deliver fast, economical, efficient and reliable LNG plants to help meet growing demands in North America."
Honeywell offers controls and automation solutions while Black & Veatch provides engineering, procurement, and construction services as well as its PRICO natural gas liquefaction technology.
The growing availability of natural gas from shale formations in the U.S. has drawn strong interest in LNG, including a new consortium announced last week to develop plants around the country.
