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Chemical Week Magazine :: Business & Finance :: United States/Americas

Praxair, Honeywell Sign Carbon Dioxide Agreement

3:36 PM MDT | September 17, 2012 | —Lindsay Frost

Praxair has signed a 15-year agreement with Honeywell’s resins and chemicals unit for the purchase of carbon dioxide (CO2), a by-product of Honeywell’s caprolactam facility at Hopewell, VA. The CO2 will be purified and liquefied at Praxair’s plant at the Hopewell site, scheduled to start up in the third quarter of 2013. The plant will produce 450 tons/day of the CO2, which will be used mostly in food freezing, processing, and beverage applications. Financial terms of the agreement were not disclosed. “Honeywell is pleased to forge this new...

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