CHARLOTTE, N.C., April 22, 2025 – Honeywell (NASDAQ: HON) and Argent LNG have signed an agreement to assess the use of Honeywell’s innovative pretreatment solutions at a new Liquefied Natural Gas (LNG) export terminal to be constructed in Port Fourchon, Louisiana. The collaboration aims to enhance energy security around the globe and support the United States’ position as a leader in the LNG industry.¹

Honeywell’s LNG pretreatment solutions help remove contaminants from natural gas, enabling facility operators to enhance production and operational efficiency. When used together, Honeywell’s modular Mercury Removal Unit (MRU), Acid Gas Removal Unit (AGRU) and SeparSIV® Unit can remove mercury, carbon dioxide, sulfur, water and heavy hydrocarbons to applicable LNG specifications. Additionally, Honeywell UOP SeparSIV® can be used with varying feed compositions and can save operators up to 50% of lifecycle cost versus traditional removal processes.²

“Argent LNG is committed to delivering clean, secure, and cost-effective energy worldwide. In order to do so, we need to leverage innovative technology and effective pretreatment solutions,” said Jonathan Bass, CEO of Argent LNG. “Honeywell’s proven technology has the potential to help us transform the United States LNG sector and help deliver the LNG the world needs.”

The global demand for LNG is expected to increase by 60% by 2040 according to the Shell LNG Outlook 2025.³ In response to this demand, Argent LNG’s planned Port Fourchon facility aims to produce 12 million tons per annum (MTPA) of LNG, with the potential expansion up to 25 MTPA, which would make it one of the largest LNG export terminals in the world.⁴ Once operational, Argent LNG plans to export fuel to regions around the world, including Asia, Europe, South America and the Middle East.

“Honeywell’s innovative LNG technologies will play a pivotal role in addressing energy security by enabling the large-scale production of LNG in countries around the world, including the United States,” said Rajesh Gattupalli, president of Honeywell UOP. “Honeywell’s LNG portfolio includes end-to-end solutions that can be customized and adapted based on the needs of our customers."

Honeywell’s LNG offerings include pretreatment and liquefaction technologies along with cutting-edge automation and software technologies to help optimize the overall LNG process scheme. Honeywell also offers modular LNG technology that can be built off-site and shipped to export facilities, helping reduce risk and expedite construction timelines to enable LNG facilities to enter operation quicker than those built with traditional construction methods. 

Read more about Honeywell’s end-to-end LNG technology solutions here: https://ess.honeywell.com/us/en/solutions/lng.

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About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

About Argent LNG

Argent LNG is a U.S.-based energy infrastructure company developing a state-of-the-art 25 million tonnes per annum (MTPA) LNG export facility in Port Fourchon, Louisiana. Strategically located to serve global markets, Argent LNG leverages traditional natural gas and lower-carbon technologies to deliver reliable, sustainable, and competitive LNG. The project is designed to enhance global energy security, support industrial decarbonization, and help balance the transition to a cleaner energy future. Led by a team with decades of experience across the energy value chain, Argent LNG is committed to delivering smart, scalable solutions to meet the world's growing energy needs.

¹https://www.eia.gov/todayinenergy/detail.php?id=64844

²Savings are case specific, estimate based on customer data and internal studies.

³https://www.shell.com/what-we-do/oil-and-natural-gas/liquefied-natural-gas-lng/lng-outlook-2025.html

⁴https://www.statista.com/statistics/1263935/largest-operational-lng-terminals-by-capacity-worldwide/