Des Plains, Illinois, USA March 17, 2022/PR Newswire/-- Honeywell (NASDAQ code: HON) recently released

a new catalyst coating membrane (CCM) green hydrogen production technology and will further test the technology

together with electrolytic cell manufacturers. The use of renewable electricity driven electrolysis cells to electrolyze

water into hydrogen and oxygen to produce green hydrogen is expected to play an important role in the energy

transformation in the coming decades. According to the prediction of the Hydrogen Council,

the total global demand for hydrogen will increase 5-7 times in the next thirty years.

Honeywell's innovative technology focuses on catalyst coated membranes for proton

exchange membrane (PEM) electrolyzers and ion exchange membrane (AEM) electrolyzers.

Honeywell's latest catalyst coating film adopts breakthrough proprietary high ion conductivity membrane technology

and highly active catalysts. The laboratory test results indicate that this new technology can effectively improve the

efficiency and current density of the electrolytic cell, and is expected to reduce the cost of the electrolytic cell by 25% [1].

Honeywell's green hydrogen project has accumulated decades of advanced membrane and catalyst development and

production in the gas processing,refining,steel,and petrochemical industries, as well as recent experience in

developing new membranes for battery and power applications.

Honeywell is one of the recognized leaders in the field of innovative membrane technology development,

and our latest technology has been validated through laboratory testing by third-party hydrogen electrolysis cell technology experts.

"Ben Owens, Vice President and General Manager of Honeywell's Sustainable Technology Solutions Business, said,"

By accelerating the development of high-performance catalyst coating membrane technology,

we are contributing to the economic transformation based on hydrogen energy

Honeywell has been engaged in innovative solutions for hydrogen processing for over fifty years.Since the first application

of pressure swing adsorption (PSA) technology in industrial scenarios in 1966,the company has designed,produced,and delivered

over 1000 sets of Honeywell UOP pressure swing adsorption systems to global customers,with a cumulative pure hydrogen

production capacity of approximately 25 million standard cubic meters per hour.

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