Honeywell Announces Winner of 2014 UniSim Design Student Challenge for Europe, Middle East and Africa

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Honeywell Announces Winner of 2014 UniSim Design Student Challenge for Europe, Middle East and Africa

Students from Oman’s Sultan Qaboos University Look at How Synthetic Byproducts Can Boost the Efficiency of Ammonia Plants

THE HAGUE, Netherlands, Nov. 12, 2014 – Honeywell (NYSE:HON) Process Solutions announced today that two students from Oman’s Sultan Qaboos University have been named joint winners of the annual Honeywell UniSim® Design Student Challenge for the Europe, Middle East, Africa (EMEA) region.

Ahmed Abdullah Al-Maimani and Mohammed Nasr Al-Kindi, both engineering students at Sultan Qaboos University in Muscat, Oman, will showcase their winning submission to more than 1,000 attendees at the 2014 Honeywell Users Group (HUG) EMEA today in The Hague, the Netherlands.

Al-Maimani’s and Al-Kindi’s research paper investigated ways to reduce the emissions of hydrogen and carbon dioxide, which are main by-products in ammonia production.

“This project embodies the sort of creative yet considered thinking we need more of in the process industries,” said Ali Raza, vice president and general manager of Honeywell Process Solutions’ Advanced Solutions business. “Using UniSim Design, Al-Maimani and Al-Kindi have created a clever solution for the process efficiency of ammonia plants. Potentially this could benefit a wide range of global companies.”

The student’s paper, entitled Production of Synthetic Methane Hydrogen & Carbon Dioxide Byproducts from Ammonia Plants, concluded it is possible to produce synthetic methane from these by-products and recycle it back into the plant in order to reduce the amount of natural gas required for certain production levels. The students’ research was supported by Sultan Qaboos University’s Dr. Ashish M. Gujarathi, who is also attending HUG.

Honeywell’s UniSim Design Student Challenge seeks to recognize some of the most talented engineering students around the world. It challenges students to solve real-world problems facing industrial processing plants by using Honeywell’s UniSim Design process simulation and design software, which is used by manufacturers throughout the globe. Winners earn the chance to present their research projects to many of the world’s top manufacturers, and potential employers, at HUG.

Honeywell’s UniSim Design Suite provides an interactive process model that allows engineers to create steady-state and dynamic models and is used extensively for plant design, performance monitoring, troubleshooting, operational improvement, business planning, and asset management around the world. UniSim Design models may be leveraged into advanced training and optimization solutions provided by the UniSim Operations and UniSim Optimization suites.

For more information, please visit https://www.honeywellprocess.com/en-US/news-and-events/student-competition/Pages/default.aspx or www.honeywellusersgroup.com.

Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.

Honeywell (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; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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