Honeywell (NASDAQ: HON) today announced that its industry-leading liquefaction process technology and equipment will be used in NextDecade's Rio Grande LNG Train 4 and Train 5 Projects in Brownsville, Texas, through an agreement with engineering, procurement and construction contractor Bechtel Energy, Inc.

NextDecade will use Honeywell’s high efficiency coil wound heat exchanger (CWHE) equipment and C3MR process technology to help optimize production, improve reliability, and lower facility operating expenses. Honeywell’s liquefied natural gas (LNG) technology will also be used for the first three liquefaction trains at this facility. The additional two trains will help increase LNG production capacity at Rio Grande LNG by more than 66 percent, from 18 million tonnes per annum (MTPA) to 30 MTPA.1 All five trains are expected to become operational by mid-2031.

“As the demand for energy increases, LNG will continue to play a significant role in meeting this demand and supporting global energy security,” said Christina Andersen, President, Gas & LNG, Honeywell. “Honeywell’s scalable and customizable technology helps producers optimize facility performance and efficiency, and we work closely with our customers to provide solutions that meet their individual goals.”

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. To help reduce risk and expedite construction timelines to enable LNG facilities to enter operation quicker than those built with traditional construction methods, Honeywell also offers modular LNG technology that can be built off-site and shipped to export facilities. Honeywell’s coil wound heat exchanger equipment provides safe operation, maximizes space available, and offers the highest throughput in a reliable and robust unit. Additionally, Honeywell LNG's C3MR process is the most utilized liquefaction process in the world.2

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable.

About NextDecade Corporation

NextDecade is committed to providing the world access to reliable, cleaner energy. We are focused on delivering secure and affordable energy through the safe and efficient development and operation of natural gas liquefaction capacity at Rio Grande LNG. Through our subsidiaries, we are constructing and developing the Rio Grande LNG natural gas liquefaction and export facility near Brownsville, Texas, with approximately 48 MTPA of potential liquefaction capacity currently under construction and in development, sufficient space at the site for up to 10 liquefaction trains, and a potential carbon capture and storage project. NextDecade’s common stock is listed on the Nasdaq Stock Market under the symbol “NEXT.” NextDecade is headquartered in Houston, Texas.