Honeywell Wins Asia-Pacific Award for Most Innovative Power Technology of 2008
Advanced Process Control and Optimization Project Recognized for Improving Business Performance at Sinopec Power Plant
SINGAPORE, Dec. 18, 2008- Honeywell (NYSE:HON) has been honored with the 2008 Most Innovative Power Technology of the Year Award from Asian Power magazine. Honeywell earned the category's Silver Award for a first-of-its-kind advanced controls project that helped China Petroleum and Chemical Corp. (Sinopec) increase electricity generation while curbing coal consumption at its Shanghai Petrochemical Company Principal Power Plant in Shanghai.
By implementing Honeywell's Advanced Energy Solutions, a suite of advanced control software applications, Sinopec has increased the boiler efficiency by 0.5 percent, increased the operating steam temperature by 2.1 degrees Celsius and improved stability of key combustion process variables. The air pollutant emissions from the fuel and limestone consumption have been decreased to comply with environmental standards in the region. Additionally, Sinopec is expecting to cut the consumption of standard coal by more than 500 tons and coke by 1,600 tons annually.
Using Honeywell's Advanced Energy Solutions, the plant improved the efficiency of its circulating fluidized bed (CFB) combustion process. The process uses crushed coal mixed with limestone that is heated up to 900 degrees Celsius to generate low-cost electricity with very low emissions. The Honeywell solution also helped to increase process efficiency by developing a closed-loop advanced control strategy to optimize the combustion performance and environmental compliance for the CFB boilers.
"As the first company in the world to apply advanced control application technology to CFB units, Sinopec significantly enhanced the effectiveness and control performance of the distributed control system at the CFB boiler level and for the entire plant," Zhao Weijie, Chief Engineer of Sinopec Shanghai Petrochemical Company, China. "Even more impressive, all improvements were achieved by implementing software rather than executing a major hardware refurbishment at the plant. We have also to date achieved an estimated $1 million of savings on the supply of energy to our refinery."
"Promoting reliable operations, implementing innovative strategies that reduce emissions and achieving the lowest operating costs possible are the new realities for the global power industry," said Amit Kansal, Global Business Director for Power, Honeywell Process Solutions. "With this project, Sinopec has set a positive example in the marketplace."
Asian Power magazine is the leading publication for energy professionals in Asia-Pacific. The Asian Power Awards, launched in 2005, recognize the leading contributors to Asia's power industry whose efforts have stood out over the past year.
Honeywell Process Solutions has more than four decades of power generation experience and has delivered state-of-the-art control systems and services to power generation facilities in more than 50 countries. Honeywell's control systems are supporting the reliable and efficient operation of electric utilities, co-generation, clean power, and industrial power all over the world. For more information about Honeywell solutions that improve business performance, visit www.honeywell.com/ps.
Honeywell International is a $38 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit 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 about Honeywell Process Solutions, access www.honeywell.com/ps.
Contact:
Jake Saylor
602-313-4045
jake.saylor@honeywell.com
Andres Ybarra
952-346-6314
aybarra@webershandwick.com
