Hanwha Solutions Begins Commercial Production of Syngas... Introduces Carbon Capture Technology

In-house Production and Supply of 200,000 Tons Annually
Yeosu Industrial Complex Synthetic Gas Supply, Multiple Company System

[Asia Economy Reporter Hwang Yoon-joo] Hanwha Solutions is entering the synthetic gas supply market in the Yeosu Industrial Complex, which had been monopolized by foreign companies. They plan to strengthen ESG (Environmental, Social, and Governance) management by applying 'Carbon Capture and Utilization (CCU)' technology to the synthetic gas production facility.

Hanwha Solutions announced on the 15th that it has completed the construction of a 200,000-ton synthetic gas production plant with an investment of 170 billion KRW and has started commercial production.

Synthetic gas is a mixed gas of hydrogen (H2) and carbon monoxide (CO) produced by reforming liquefied natural gas (LNG) and other materials. It is used in the manufacture of Hanwha Solutions' key products such as TDI, a polyurethane material. Hanwha Solutions expects to achieve cost savings of up to 23 billion KRW annually through self-production and supply of synthetic gas.

Hanwha Solutions' new synthetic gas production is also expected to contribute to the smooth supply of raw materials for companies in the Yeosu Industrial Complex. As the facilities of the foreign company that monopolized synthetic gas for over 20 years have aged, there was a risk of synthetic gas not being supplied on time. With Hanwha Solutions producing synthetic gas, companies in the industrial complex that use it as a raw material are now free from concerns about supply disruptions.

Hanwha Solutions has introduced carbon capture and utilization technology that repeatedly reuses carbon dioxide (CO2) in the new synthetic gas facility. The synthetic gas production process emits carbon dioxide during the high-heat process required for gas separation and purification. Hanwha Solutions can reduce 100,000 tons of carbon annually, equivalent to the amount absorbed by about 36 million trees, by fully recovering the emitted carbon dioxide and reinjecting it into gas production using CCU technology.

Jang Sang-moo, Head of Environment and Safety at Hanwha Solutions, stated, "We are reviewing the establishment of an eco-friendly 'carbon zero' process that not only reuses carbon dioxide generated in the process but also captures all residual carbon dioxide produced during the gas combustion process within the facility by 2024."

This content was produced with the assistance of AI translation services.