NEWS ROOM  
 

:: Company News

 
     
  ARCHIVE  
  :: 2003  
     
     
     
     
     
     
     
     
     
     
 

COMPANY NEWS

 
     
 

Motor Oil Hellas chooses Honeywell

Posted: 8 April 2004

Corinth Refinery to increase control and monitoring capabilities Through Honeywell TPS System

Honeywell Process Solutions announced today a $4.3 million contract with Motor Oil Hellas (MOH) in Aghii Theodory, Greece to expand the control and safety systems at the company's 100,000-barrel-per-day refinery in Corinth.

The system expansion is part of a refinery-wide project to comply with new European Union fuel specifications starting in 2005.

Through this project, the refinery will reinforce its ability to control and monitor the new processes, while ensuring the safety of daily operations.

"We have worked with Motor Oil Hellas since 1999 and are looking forward to further strengthen our relationship through this new opportunity," said Jerry Walker, Honeywell Process Solutions' Vice President of Europe, Middle East and Africa. "Honeywell's technology will provide MOH with cost-effective tools for optimizing process performance, improving employee productivity and getting better results overall from the resources they already have in place."

The contract includes Honeywell process control systems, High-Performance Process Managers, Fail-Safe Control (FSC) systems, engineering, on-site services and project management.

The project will be conducted in two phases. The first phase includes the revamp of existing process units. To satisfy the needs of these revamped units, Honeywell will add new modules to expand the existing distributed control and safety management systems. Existing configuration and operator interfaces will be modified properly according to the revamping activities. The second phase is related to the construction of new units - the Mild Hydrocracker, Hydrogen production, Sulfur recovery, Utilities and others. A Honeywell distributed control system designed with the same standards as the existing one will control the new units. Four fully redundant Fail-Safe Control systems will manage the emergency shutdown functions.

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.

Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges.

It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index.

For more information see 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 see www.acs.honeywell.com

Posted by Richard Price, Editor Pipeline Magazine

Information supplied by companies or PR agencies who are responsible for content. Send press releases to info@pipelinedubai.com

 
     

© Copyright 2002. Reflex Publishing ME FZ LLC. All rights reserved.
Pipeline Magazine, PO Box 53777, Dubai Media City, Dubai, UAE
Tel: +971 4 3910 830 | Fax: +971 4 390 4570 | E-mail - info@pipelinedubai.com