Honeywell Signs Automation Contract With Italian Engineering Contractor Tecnimont |

Honeywell Signs Automation Contract With Italian Engineering Contractor Tecnimont

Tecnimont Selects Experion PKS to Control Polyethylene and Propylene Plants in Poland

PHOENIX, Oct. 29, 2003 -Honeywell (NYSE: HON) Process Solutions announced today it has signed a $2.7 million contract with Italian engineering contractor Tecnimont for a comprehensive automation solution including Experion PKS® and Honeywell's Fail Safe Controller (FSC®). The integrated automation solution will be implemented at Basell/Orlen's polyethylene and polypropylene plants in Plock, Poland.

The contract with Tecnimont includes Experion PKS and FSC hardware plus a series of engineering services from Honeywell Italy's project operation team. System delivery is expected to be complete by April 2004. Experion PKS and FSC will compliment Honeywell solutions currently in place at the Plock plant.

Honeywell was selected for this project based on its superior Experion PKS technology, the excellent integration capabilities between the Process Knowledge System and the Emergency Shutdown System, and confidence that Honeywell could meet a tight schedule.

Tecnimont and Honeywell have worked together on previous projects, but this order marks the first Experion PKS sale to an Italian engineering contractor.

Experion PKS embeds three decades of Honeywell process control, asset management, and domain expertise, combined with Six Sigma methodologies, into a unified Process Knowledge System architecture. Capturing and managing untapped process knowledge in a single Process Knowledge Solution, Experion PKS delivers process and control data using innovative technologies that are only offered by Honeywell.

Honeywell International is a diversified technology and manufacturing leader based in Morris Township, N.J. With 2002 revenues of $22 billion, the company serves customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; specialty chemicals; fibers; and electronic and advanced materials. The company's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. Honeywell is one of the 30 stocks that comprise the Dow Jones Industrial Average; it is also a component of the Standard & Poor's 500 Index. For additional information, please visit Honeywell Process Solutions is part of Honeywell's Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Process Solutions, access
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