Honeywell Wins Two Contracts At Powerflute
VARKAUS, Finland, Oct. 2, 2006 - Honeywell (NYSE:HON) announced today that it has signed a contract to supply an automation upgrade to Powerflute's paper machine in Kuopio, Finland. Under terms of the agreement, Honeywell will install its Experion® Process Knowledge System (PKS), a Da Vinci® quality control system and a Devronizer® steambox. The project is part of Powerflute's program to boost the mill's production efficiency, reduce energy consumption, and improve quality management. The upgraded system is scheduled for startup in September 2006.
Honeywell also won a multi-year Life Cycle Management agreement, which will help the mill continually update control systems, maximize asset effectiveness and improve production efficiency in the long-term.
"Honeywell conducted an extensive analysis throughout our mill to identify the best methods to increase our machine's drying capacity and reduce our energy consumption at the same time," says Ian Halliday, Powerflute's managing director. "During the analysis, Honeywell also ascertained the machine's quality control needs and produced a proposal stating the quality improvements that could be realized using the latest measurement technology."
The new steam box will boost the machine's drying capacity significantly. Higher capacity and new, efficient controls will allow an increase in production volume while minimizing the consumption of energy. The combined solution will also control paper moisture, thickness and basis weight.
"We provide our customers with services which help them derive the best possible output from their mills," says Timo Saarelainen, director, Honeywell Finland. "However, to achieve truly efficient automation solution and optimum plant production, it is essential to identify each customer's individual needs and requirements.
Powerflute OY is a privately owned company purchased from M-Real in 2005 by an investor consortium led by Dermot Smurfit. Powerflute is the manufacturer of the world's strongest semi-chem fluting medium and has a single mill operation at Kuopio in Eastern Finland.
Honeywell International is a $30 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, 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 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 Process Solutions, access www.honeywell.com/ps.
Contact:
Erik Rasmussen
602-313-4054
erik.rasmussen@honeywell.com
Matti Pulkkinen
Varkaus, Finland
+358 20752 2204
matti.pulkkinen@honeywell.com
