Honeywell Improves Environmental Protection And Operator Safety For U.S. Inland Barge Fleet

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Honeywell Improves Environmental Protection And Operator Safety For U.S. Inland Barge Fleet

Operators Increasingly Turning to Honeywell’s HERMetic Technology to Ensure Safer and More Reliable Operations and Measurements

HOUSTON, April 24, 2013 – Honeywell (NYSE:HON) reported today that operating companies of all sizes within the United States inland barge market are turning to Honeywell’s Tanksystem portable level gauging and sampling technology to optimize custody transfer measurements and improve safety and environmental protection on both newly built barges and retrofit vessels.

More than 4,000 tugboats and 27,000 barges move over 800 million tons of raw materials and finished goods each year along more than 25,000 miles of canals and rivers that comprise the United States inland waterway system. Inland marine barge traffic contributes more than $5 billion to the U.S. economy and transports 20% of America's coal – enough to produce 10% of all electricity used each year in the U.S.1

To support the safety and environmental protection of the inland barge fleet, Honeywell has supplied more than 1,200 vapor control valves for deck installation (each barge typically has 3-6 tanks) in the U.S. over the past year. This represents the majority of all new-build projects in the region. The use of a ball valve permits tank gauging and sampling under completely closed conditions, removing the previous open method that resulted in vapor escape, along with the possibility of vapor ignition. By adopting the new technology barge owners improve operator safety, reliability and accuracy of measurement values.

According to Philippe Despagne, Marine general manager at Honeywell Process Solutions, barge owner/operators require environmentally friendly operation, which means eliminating toxic vapor escape during manual verification of tank contents. They are also seeking safer and more reliable operations and measurements due to health, safety and environment (HSE) concerns.

“Custody transfer measurement on barges is shifting from traditional methods under open conditions—allowing vapor to escape from tanks—to closed solutions, eliminating vapor release to the atmosphere during tank gauging,” said Despagne. “In addition, there is increasing demand in the barge industry to have a ball valve on each tank to enable connection of portable gauging and sampling equipment.”

Despagne added, “Utilizing a valve for connection of portable equipment to perform tank gauging and sampling allows for safer and more accurate measurements. Equipping tanks with valves also makes it possible to perform measurements under closed, gas-tight conditions. This type of operation not only increases accuracy, but also provides a huge improvement in terms of environmental protection, as the vapor release occurring during operation will be eliminated.”

HERMetic deck valves are heavy-duty, compact ball valves constructed from 316 stainless steel, and incorporating Teflon® gaskets and a deck flange meeting the ANSI 150-pound standard. These multi-purpose valves provide the flexibility to gauge products from crude oil to chemicals, while allowing the use of sampling equipment capable of retrieving sample quantities from 0.33 to 1.8 liters in a single operation.

For further information about Honeywell’s automation and control systems for marine vessels please visit www.honeywellmarine.com.

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

This release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. 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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1 Source: The American Waterways Operators http://www.americanwaterways.com/about_industry/index.html

Teflon® is a registered trademark of DuPont