Honeywell To Automate Systems For Largest Refinery In The Middle East

Kuwait National Petroleum to Deploy Honeywell's Process Control, Safety and Alarm Management Systems in Al Zour Refinery

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Honeywell

Dec 03, 2013, 09:00 ET

KUWAIT CITY, Dec. 3, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has been selected by Kuwait National Petroleum Company (KNPC) to provide the Integrated Control and Safety System (ICSS) for its new 615,000 barrel-a-day Al Zour refinery complex to be built in southern Kuwait. Honeywell will also provide the front-end engineering design (FEED) for the system.

This will be Kuwait's fourth refinery and the largest refinery in the entire Middle East. The total capacity of Kuwait's three current refineries is 930,000 barrels a day. The new refinery is targeted for start-up in 2018.

"With this new refinery, Kuwait will become one of the largest producers of clean fuels in the Middle East," said James King, Honeywell general manager, Kuwait. "Honeywell's suite of proven technologies for the refining industry is well suited to support a quick and safe refinery start up, and efficient operations. We are pleased to have been selected for this important project."

Honeywell has provided industry-leading technologies to KNPC's refineries for about 30 years through its Process Solutions (HPS) business and has long-sustained a presence in Kuwait. As the main automation contractor for the new Al Zour refinery, Honeywell will supply Experion® PKS as the main control system for the refinery complex, as well as integrate all process automation systems throughout the site. Additionally, having HPS perform front-end engineering and design of the system will help drive consistent designs from other contractors throughout the entire project and help speed its completion.

"We are very excited to begin work on this new refinery, which will further position Kuwait as an industry leader not only in the Middle East, but on a global level," said Mr. Khaled Al-Awadhi, New Refinery Project manager. "Honeywell's technology and experience in process controls will enable the Al Zour refinery to effectively meet the energy demands of Kuwait and reduce overall emissions."

The new refinery complex will help to meet domestic demand and export of ultra-low sulfur products such as fuel oil, diesel and kerosene, as well as petrochemical feedstocks.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.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.honeywellprocess.com.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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SOURCE Honeywell