Honeywell Wins Asian Power Award for Excellence in Driving Energy Efficiency, Reducing Emissions.Energy Solutions Help Samsung Fine Chemicals Plant Save Money, Step Up Environmentally Sound Utility Use SINGAPORE -- Honeywell (NYSE NYSE See: New York Stock Exchange :HON) has been recognized for Excellence in Automation and Process for helping maximize energy and operational efficiency at the Samsung Fine Chemicals facility in Korea. The honor was presented to Honeywell at Asian Power Awards 2006, which recognizes leading contributors to Asia's power industry. The awards are organized by the publishers of Asian Power magazine, Charlton Media Group. In 2003, the Samsung Fine Chemicals' oil-fired combined heat power plant in Ulsan, South Korea, was fitted with Honeywell's portfolio of Unified Energy Solutions (UES UES UNE (University of New England) Economics Society UES Upper East Side (Manhattan, NY) UES Upper Esophageal Sphincter UES Unified Energy Systems of Russia UES Waukesha, Wisconsin ), a suite of advanced control applications used to optimize utility plant efficiency. The project sought to increase the economic load allocation efficiency of the plant's turbines and boilers, optimize boiler thermal efficiency In thermodynamics, the thermal efficiency (  ) is a dimensionless performance measure of a thermal device such as an internal combustion engine, a boiler, or a furnace, for example. , reduce emissions and optimize costs in a volatile business market of changing electricity prices and fuel types. "Energy is a precious commodity throughout the world, but many power producers must strive constantly to meet growing demands while ensuring environmental safety," said Tim Charlton, publisher and editor-in-chief of Charlton Media Group. "Honeywell UES has helped the Samsung Fine Chemicals facility reduce its operating costs operating costs npl → gastos mpl operacionales , yet at the same time achieve maximum efficiency in an environmentally conscious manner. For this, our judging panel felt Honeywell was the most worth nomination in the category." Designed for electric utilities, industrial power and heating plants, the Honeywell UES portfolio enables advanced control and optimization of electricity generation, process steam and heat production. Additionally, it can help utilities save money in heat and power production, increase effective boiler operation range, optimize fuel gas emissions and extend the lives of production assets. The solution can be integrated with an array of distributed control systems A distributed control system (DCS) refers to a control system usually of a manufacturing system, process or any kind of dynamic system, in which the controller elements are not central in location (like the brain) but are distributed throughout the system with each component , as well as Honeywell's Experion[R] Process Knowledge System (PKS PKS Penalty Kicks Saved (soccer; goalie save) PKS Partai Keadilan Sejahtera (Indonesia) PKS Phi Kappa Sigma (international male fraternity) PKS Pallister-Killian Syndrome ). Many Asian countries are stepping up efforts to become more environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] with respect to utilities. For example, Honeywell recently entered a five-year agreement with power industry network and services provider FibrLINK Communications Co., Ltd. to help China's power plants improve energy efficiency and reduce emissions. UES is included in the agreement. "Most new power plants in Asia are coal based, and there is an increasing emphasis on environmental protection," said Amit Kansal, Power Vertical director of Honeywell Asia Pacific. "With technologies such as UES, environmental regulations do not have to hamper production. Winning this award is both an honor and a testament that we're on the right track to helping companies realize this." Honeywell International is a $31 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township There are several places named Morris Township in the 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.honeywell.com/ps. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , 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 [R] is a registered trademark of Honeywell International Inc. |
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