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Honeywell helps China cope with growing energy demand

China's largest oil and gas enterprise will fully apply Honeywell planning and collaboration technology in its 30 factories

Shanghai, March 27, 2014 -- Honeywell (NYSE Code: HON) announced yesterday that its advanced information management and process modeling software makes the vertical axis of the sample up The tool will be extended to 17 oil refining and petrochemical plants of China National Petroleum Corporation (hereinafter referred to as "PetroChina") to help them cope with the growing demand for petrochemical products and fuel oil in the Chinese market. Previously, PetroChina has implemented Honeywell's information solutions in 13 of its plants

Honeywell's refining and petrochemical modeling system (RPMs) and innovation executive advanced information management software can help the operators of PetroChina plant monitor the production and operation of the whole plant, and obtain the required information in real time to improve the profit margin and efficiency of the plant

wangchunwen, vice president and general manager of Honeywell process control department in Greater China, said: "Both the raw material prices of crude oil and natural gas and the growing demand for petrochemical products in the market require refinery and petrochemical plant operators to make full use of the rapidly changing market environment and make rapid decisions on complex business information. We are pleased to see that Honeywell solutions are being used to display the pressure of oil pumps in more and more PetroChina plants by achieving higher visualization And the improvement of overall operating efficiency under the pressure of rising labor costs, helping PetroChina improve its profit margin and more effectively respond to China's growing energy demand. "

according to the statistics of the U.S. Energy Information Administration (EIA), China is already the largest energy consumer in the world, and its crude oil consumption is second only to the United States. Many analysts also expect that China will overtake the United States as the largest crude oil importer within this year, which puts pressure on refining and petrochemical enterprises on how to improve efficiency

as China's largest oil and gas producer and supplier, PetroChina first applied the refining and petrochemical modeling system (RPMs) at its headquarters in Beijing, and then applied the system to its 12 oil refining and petrochemical plants in 2005. The successful implementation of these projects has prompted PetroChina to expand the application of Honeywell's advanced planning technology to cover all its refining and petrochemical businesses. PetroChina is expected to complete this project within two years

about Honeywell

Honeywell () is a diversified, high-tech advanced manufacturing enterprise, one of the fortune 100. In the world, its business involves aviation products and services, building, home and industrial control technology, turbocharger and characteristic materials. Honeywell is headquartered in Morris, New Jersey, USA, and its shares are listed on the New York, London and Chicago stock exchanges. For more company information, please visit Honeywell. Honeywell process control department belongs to Honeywell automation and control group. As a leading supplier of products and solutions in the world, Honeywell process control department helps families, building construction and industrial enterprises improve efficiency and profit margin, assist in complying with legal norms, ensure safety and create a comfortable environment

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