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Honeywell to Upgrade Control and Safety Systems at Staatsolie Refinery in Suriname

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Honeywell to Upgrade Control and Safety Systems at Staatsolie Refinery in Suriname
Honeywell to Upgrade Control and Safety Systems at Staatsolie Refinery in Suriname
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Honeywell
1985 Douglas Dr., N.
Golden Valley, MN, 55422 3935
USA



Press release date: July 30, 2012

Integrated Safety and Control System Will Increase Operator and Plant Security

BRACKNELL, UK - Honeywell (NYSE:HON) today announced it has been selected by Staatsolie Maatschappij Suriname N.V., the state-owned hydrocarbon and sustainable energy company, to upgrade the safety and control systems at its Suriname refinery to its Integrated Control and Safety System (ICSS) solution. The upgrade is being designed and implemented within the context of the Suriname Refinery Expansion Project, which will double the capacity and expand significantly the range of products and fuels, with a special focus on the satisfaction of the domestic transportation market. The Project is being managed by Saipem as the Main Contractor responsible for Engineering, Procurement, Modules Prefabrication and Construction Management.

Developed on the strengths of Honeywell's Experion® Process Knowledge System (PKS) architecture, ICSS is an all-encompassing safety solution providing robust and secure control for critical applications. Built to offer simplified operations, integrated process control and safety controllers, ICSS will equip Staatsolie with best-in-class compliance, reliability and safety for its refinery production units.

The upgrade includes the expansion of Honeywell's Alarm Management System, Operational Insight Software and OPC Desktop Historian solutions currently installed at site. This suite of tools will provide Staatsolie with automatic monitoring of system changes, a platform for cross-departmental collaboration and enable the communication of information from data sources to any client application in a standardized format.

"Within the next decade, Staatsolie aims to confirm the position of leading agent of sustainable development within the Surinamese energy industry. We need to take advantage of the latest safety and control technologies in the market in order to improve process efficiencies and security for our operators and our plants." said Rudolf Elias, Project Director, Staatsolie. "By upgrading our systems to Honeywell's ICSS technology, we're laying the foundations to achieving our goal of serving effectively our fuel domestic market as No. 1 player in the Surinamese energy sector."

"When looking to gain a competitive edge, forward-thinking organisations take advantage of the latest technology available in improving productivity, profitability and safety" said Orhan Genis, vice president sales, EMEA, Honeywell Process Solutions. "Honeywell ICSS will provide Staatsolie with the means to achieve these goals through a single easy-to-use system incorporating innovative technology, all at a lower total cost of ownership."

Honeywell International (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; 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 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.

Contacts: Sarah Wise 602-293-1265 sarah.wise@honeywell.com

Andres Ybarra 952-346-6314 aybarra@webershandwick.com
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