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Honeywell To Provide Process Automation And Safety Systems For New Liquefied Natural Gas Facility In Canada

- Honeywell Will Serve As Integrated Main Automation Contractor for Goldboro Plant

- Key Technologies Used in Oil and Gas Terminals Around the World


News provided by

Honeywell

Aug 01, 2016, 09:30 ET

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HOUSTON, Aug. 1, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) Process Solutions (HPS) today announced it will provide full automation and safety systems and serve as integrated main automation contractor (I-MAC) for a new liquefied natural gas (LNG) facility being built in Eastern Canada to process North American natural gas for international export. Honeywell technology is currently being used in more than 40 similar LNG import and export terminals around the world. 

Located on the eastern shore of Canada in Nova Scotia, Pieridae Energy's Goldboro LNG project will include a natural gas liquefaction terminal and facilities for LNG storage and marine export. The facility will be able to process 10 million metric tons of LNG a year and have a storage capacity of 690,000 cubic meters. Startup is expected in 2021.

"Honeywell's Integrated-MAC role will help Pieridae eliminate significant project risk, compress its schedule, and ramp up to nameplate production capacity faster," said Vimal Kapur, president, HPS. "Honeywell's latest technologies, project delivery capabilities and expert services will create a highly integrated infrastructure to boost this new venture's profitability."

The announcement was made at the 2016 Honeywell Executive Forum on Mega-Projects in Morristown, NJ.

"I am excited to have developed this highly collaborative relationship with a globally recognized industry leader such as Honeywell," said Alfred Sorensen, president and chief executive officer, Pieridae Energy. "I am confident that Honeywell's experienced infrastructure team will work very well with my engineering contractor, and their advanced software team will help Pieridae put the right plan in place to start the business up effectively and efficiently on day one of operations."

Honeywell is responsible for designing, delivering and installing the distributed control systems (DCS), safety instrumented systems, fire and gas systems, and operator training simulator (OTS) for the project. Honeywell will also be responsible for helping Pieridae integrate all plant infrastructure to the business enterprise systems.

Specific key deliverables include a number of Honeywell's innovative and patented technologies including LEAP, Honeywell's lean project execution services; Experion® PKS (process knowledge system) Orion with distributed systems architecture (DSA); Experion Security Integrator; Fault Tolerant Ethernet (FTE); universal process I/O and safety I/O; Safety Manager fire and gas systems; UniSim operator training simulator; DynAMo® advanced alarm management software; Uniformance® Suite PHD data historian; and the Intuition Executive operational insight platform.

By leveraging these integrated solutions, Honeywell will reduce risks and minimize potential schedule delays for both Goldboro LNG and its engineering, procurement and construction (EPC) contractor during the facility startup.

Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. It is also a leader in providing software solutions and instrumentation that help manufacturers find value and competitive advantage in digital transformation through the Industrial Internet of Things (IIoT). Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell UOP (www.uop.com), a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.

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. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

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.

SOURCE Honeywell

Related Links

http://www.honeywell.com

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