Honeywell Selected For Croatia's National Oil And Gas Company Modernization Project
Refinery Will Use Experion PKS Automation Control System to Improve Production, Safety and Environmental PerformancePHOENIX, Jan. 21, 2004 - Honeywell (NYSE: HON) Process Solutions announced today that it has received a $3.8 million contract to automate refinery and power plant operations for Croatia's national oil and gas company INA Industrija Nafte Zagreb. The integrated solution will enable INA to increase production and environmental performance at the Rijeka Refinery by providing more accurate monitoring and control of the fluid catalytic cracking (FCC) unit and power plant. The automation project is part of a facility modernization project to improve production, safety and environmental performance at INA's Rijeka refinery. INA selected an Experion PKS® Process Knowledge Solution(tm) for the power plant modernization. The Experion PKS solution integrates an Emergency Shutdown System to provide plant operators with a more complete and effective view of critical operations affecting all areas of the facility. For the FCC unit Honeywell will provide a TotalPlant® Solution (TPS) system with Icon operator consoles, High-Performance Process Managers, a Fail-Safe Control (FSC®) system, as well as advance control and asset management applications. Honeywell will provide engineering, on-site services and project management throughout the Rijeka Refinery automation project. The Rijeka Refinery automation project is part of widespread business modernization programs to strengthen INA's ability to serve the growing European market. INA conducts exploration and production of hydrocarbons, owns and operates two fuel refineries and two lube refineries in Croatia, and serves a network of approximately 450 wholesale and retail outlets in Croatia and abroad. "This project will provide Rijeka Refinery with a competitive edge in production and in its ability to meet international environmental performance standards," said Jerry Walker, Vice President of Honeywell Process Solutions EMEA. "We are pleased to be part of this initiative, and we are committed to achieving the highest level of success for the INA team at Rijeka."Honeywell Process Solutions has a broad portfolio of process solutions, including its loop control services and its market leading Experion PKS process control system. Recently, Control Engineering magazine awarded Honeywell Process Solutions the Editor's Choice Award, based on Experion PKS's market impact, service to industry and technology advancement.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.
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