Huntsman Leverages Demand for Low-Carbon Hydrogen and Carbon Nanotubes
Huntsman is capitalizing on the growing demand for low-carbon hydrogen (H2) and carbon nanotubes through its innovative catalytic methane pyrolysis technology. This process produces H2 gas and multiwalled carbon nanotubes instead of CO2, offering a more valuable form of carbon with high electrical and thermal conductivity and tensile strength greater than steel.
Acquired with the purchase of Nanocomp Technologies in 2018, this technology uses a floating-catalyst chemical vapor deposition process to convert methane into H2 and carbon nanotubes. Huntsman is scaling up production with a pilot plant starting this year and plans for a commercial-scale plant by 2026. The company's efforts align with the shift towards sustainable hydrogen production methods, highlighted at CES 2024 by leading manufacturers across transportation and infrastructure sectors.
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