ATLANTA, September 8, 2021 - Honeywell (NASDAQ: HON) announced today that Horisont Energi (EURONEXT: HRGI), a Norwegian sustainable energy startup, has signed a license agreement for Honeywell’s UniSim^® Design process modelling software to verify and optimize the design of its carbon-free ammonia plants.

Horisont Energi, along with its industrial partners, is developing Europe’s largest blue ammonia facility in the Barents Blue project, to be situated in northern Norway. Blue ammonia is produced from natural gas, like all industrial-scale ammonia today, but with carbon emissions eliminated using carbon capture and storage (CCS) techniques. The captured carbon is safely and permanently stored underground, allowing for ammonia production with minimal environmental impact. The Barents Blue project has a leading criterion that targets greater than 99% carbon capture across the entire transport chain, which would set a new environmental-friendly standard for blue ammonia.

UniSim Design will help Horisont Energi perform technical evaluations of its plant designs aimed at efficiently and cost effectively capturing emissions through steady state and dynamic modeling. Honeywell will work with OLI Systems to seamlessly integrate its industry-leading electrolyte simulation technology that is intended to help customers overcome chemistry-related challenges to enhance sustainability, operational efficiency and asset reliability in industrial applications.

“We are pleased to have selected Honeywell’s and OLI Systems’ software to aid our development of the world’s first large-scale production facility for clean ammonia, one of the world’s most important industrial gases,” said Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi. “Our clean energy solutions, supported by the UniSim Design process simulation technology from Honeywell and OLI’s electrolyte modeling package, will help decarbonize a number of industrial processes in line with emerging regulations.”

Many countries are requiring companies to reduce emissions CO2 into the atmosphere, and blue ammonia is a convenient vector for decarbonized energy. Scientific research* implicates man-made carbon emissions as a primary cause for climate change.

“The combination of Honeywell’s UniSim Design and OLI Systems’ electrolyte modeling software brings together strong process technologies and deep chemistry insights to enable companies to transform their plants into more sustainable operations,” said Stuart Morstead, VP and GM for Honeywell Connected Industrial. “We are excited to partner with leaders in emerging green technology, such as Horisont Energi, to help companies reduce their carbon footprint.”

Visit https://discover.honeywell.com/Honeywell_Process_Simulation_datasheet.html to learn more about UniSim Design. Learn more about OLI Systems electrolyte modeling packages at https://www.olisystems.com/.

*Source – The World Economic Forum: Heavy industries have a vital role to play in fighting climate change https://www.weforum.org/agenda/2019/09/heres-how-heavy-industry-can-clean-up-its-act/

About Honeywell:

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.