Honeywell
solution for Hungary's largest oil and gas company
Posted: 27 April 2004
- Honeywell Technology Will Help MOL Improve Processes and
- Comply with New Standards
Honeywell has received a $5.8 million contract with engineering
contractor OTF-IGN-Petrotech Kft for the installation of its Experion
Process Knowledge System and Fail Safe Controller (FSC).
The comprehensive automation solution will be implemented at the
new Gasoline Desulphurization Unit (BEK5) at the Százhalombatta
refinery of Hungarian Oil and Gas Company (MOL).
Experion PKS and FSC will help to increase operator efficiency
and enhance asset utilization at the refinery, and will enable MOL
to meet the latest abnormal situation management requirements. Honeywell
Hungary will act as the main automation contractor, providing third-party
instrumentation and engineering services. Installation will be completed
by June 2005.
"MOL selected Honeywell for the BEK5 Project because they
offered a solution which has the potential to maximize the safety,
availability and profitability of the plant," explained Vilmos
Gombás, Director of MOL's Project Division. "Honeywell
has proven their capabilities as an engineering, procurement and
construction contractor and main automation contractor previously
by implementing large, complex projects at different sites of the
MOL Group on time, on budget, and with the highest quality."
MOL is one of central Europe's largest integrated oil and gas companies
and is the largest company in Hungary in terms of sales. Honeywell's
relationship with MOL dates back to 1997, when it began working
on a new wave of automation projects, including the MOL gasoline
blender and delayed coker.
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
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