2014

Honeywell To Supply Control Systems For New Process Plants At Russian Refinery - Experion PKS to be Deployed in Third Construction Stage of Antipinsky Oil Refinery

- Refinery Doubles Capacity to Help Meet Demand for Clean Fuels, Oil Products

- Selection Result of Honeywell's Focus on High-Growth Regions

- Follows Opening of New Honeywell Office in Tyumen, Russia, Serving Oil and Gas Customers in Western Siberia

MOSCOW, Aug. 20, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that Antipinsky Refinery CJSC will use Honeywell's Experion® Process Knowledge System (PKS) to control plant processes and general refinery facilities as part of the third stage of construction of the Antipinsky Refinery in Tyumen, Russia. The commissioning of the plant will double the refinery's capacity to 7.5 million tons annually, helping meet the growing demand for clean fuels and other oil products in Russia and the European Union (EU).

Deploying Experion PKS is part of an initiative to create a single, central operations center at the Antipinsky Refinery.  As an additional part of this initiative, Honeywell will supply up to 60 additional workstations to the refinery, which will be installed in the unified refinery control center.

"There is significant demand for Antipinsky Refinery products, both in the region and throughout Russia and the EU," said Leonid Sorkin, general manager, Honeywell Russia. "Honeywell's advanced process automation systems will help the business grow efficiently and safely."

The new construction is part of the refinery's plan to increase its capacity of crude oil processing and to enable production of products in the next year that meet the EU quality of the Euro-5 emission standards. The project also includes the construction of a water treatment plant, sewage treatment plant, steam generation plant and other general refinery facilities. This phase of construction is expected to be completed by the end of this year.

"By selecting Honeywell, we were able to get everything we needed through a single, reliable supplier," said Gennady Lisovichenko, general manager and member of the board at Antipinsky Refinery CJSC.  "The implementation of Experion PKS will empower our workforce and greatly enhance the safety and efficiency of the refinery's processes."

"Experion PKS provides a continuous and more comprehensive flow of information about refinery operations," said Alexander Rodionov, Russia sales leader, Honeywell Process Solutions. "This enables operators to spot potential problems more quickly, help them make better-informed decisions about plant operations and keep the plant running safely and efficiently."

Honeywell's four business divisions – Aerospace, Automation and Control Solutions, Performance Materials and Technologies, and Transportation Systems – do business in Russia and offer numerous solutions that can help industries improve productivity while ensuring the safety and security of employees, customers and the local environment.  Honeywell has been working in Russia for almost 50 years and has offices in Moscow, St. Petersburg, Sakhalin, Kazan, Krasnodar, Irkutsk, Khabarovsk and Tyumen.

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.

Experion® is a registered trademark of Honeywell International.

SOURCE Honeywell



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