Honeywell Introduces Automation Solution For Liquid Natural Gas Carriers
System completed type approval testing mandatory for onboard automationPHOENIX, March 25 - Honeywell (NYSE:HON) Process Solutions today introduced a new automation solution for Liquid Natural Gas (LNG) carriers. The solution is based on the Experion(tm) Process Knowledge System (PKS), which allows users to collect information to reduce costs and enhance operator effectiveness. "We are optimistic that our technology will play an integral role in the growing LNG market," said Jack Bolick, President of Honeywell Process Solutions. "The new solution will give our customers the ability to use the latest technology for the entire LNG supply chain-from plant to carrier to terminal."The Experion-based solution will be used onboard LNG vessels to centralize the monitoring control functions of engine room machinery, boilers, cargo and ballast systems. Experion PKS has already completed type-approval testing, a requirement for all automation solutions onboard vessels. Type-approval certificates from major ship classification societies will soon validate the technology for application on LNG and other carriers worldwide. Honeywell's work with LNG dates back to the 1980s, when it introduced the TDC2000®. Today, Honeywell automation solutions are installed on more than 50 LNG carriers. The new solution builds upon Honeywell's extensive experience with LNG to incorporate the latest advances in technology while continuing the tradition of providing robust and secure control for critical applications, resulting in the opportunity for shipyards and ship-owners to increase productivity and operator effectiveness. As a global leader in manufacturing, Honeywell has unparalleled support and coverage around the world. With offices in more than 95 countries, Honeywell offers global professional engineering resources for new installations and around-the-clock global marine support of on-board systems.Honeywell Process Solutions provides a broad portfolio of process solutions, offering loop control services and Experion PKS, among many others. Experion, a world leader in process knowledge systems, recently earned Control Engineering magazine's Editor's Choice Award for outstanding service to the manufacturing industry.Honeywell International is a $23 billion diversified technology and manufacturing leader, serving 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. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit www.honeywell.com. 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 www.acs.honeywell.com. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act. TDC2000® is a registered trademark and Experion(tm) is a trademark of Honeywell International Inc.
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