Croatia's National Oil and Gas Company Selects Honeywell for Modernization Project.Business Editors PHOENIX--(BUSINESS WIRE)--Jan. 21, 2004 Refinery Will Use Experion PKS PKS Penalty Kicks Saved (soccer; goalie save) PKS Partai Keadilan Sejahtera (Indonesia) PKS Phi Kappa Sigma (international male fraternity) PKS Pallister-Killian Syndrome Automation Control System to Improve Production, Safety and Environmental Performance Honeywell (NYSE NYSE See: New York Stock Exchange :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 Ina (ē`nä), city (1990 pop. 60,062), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural and industrial center with a famous agricultural school. 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 (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. ) 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(R) 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(R) Solution (TPS (1) (Transactions Per Second) The number of transactions processed within one second. TPS is a better rating for the performance of hardware and software than the common MHz and GHz rating of the computer. ) system with Icon operator consoles, High-Performance Process Managers, a Fail-Safe Control (FSC FSC See: Foreign Sales Corporation (R)) 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 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 Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, . Based in Morris Township, N.J., Honeywell's shares are traded on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. 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. Experion PKS(R), TotalPlant(R) and FSC(R) are registered trademarks of Honeywell International Inc. Process Knowledge Solutions(TM) is a trademark of Honeywell International Inc. |
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