DOHA, Qatar, July 2, 2014 – Honeywell (NYSE: HON) Process Solutions announced today that it will supply a new integrated control and safety system for Qatar Fuel Additives Company’s (QAFAC) Mesaieed Industrial City plant, 50 kilometers south of Doha. The upgrade will help the plant reduce operating costs and improve efficiencies as it increases production of methanol and MTBE (methyl tertiary butyl ether), a key gasoline additive that reduces tailpipe emissions.
Honeywell’s integrated control and safety solution, including a new fire and gas system, will improve automation at the plant, increase cyber security, and enhance operator effectiveness. QAFAC will also benefit from ongoing long-term services through Honeywell’s lifecycle support.
QAFAC, a joint venture between state-backed Industries Qatar, OPIC Middle East, LCY and IOL, plans to become one of the top five international producers of methanol and butane derivatives by 2020. It is also planning to commission an $80 million carbon dioxide recovery project this year to capture 500 tons of CO2 a day for re-injection into the production cycle.
When added to gasoline, MTBE enhances octane levels to reduce engine knocking. It also helps the gasoline burn more completely, which reduces tailpipe emissions and helps to meet Euro 5 standards. QAFAC produces MTBE using process technology licensed from UOP, a Honeywell company that is a leading developer of technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.
“This project will help us meet growing demand for methanol, MTBE and clean fuels efficiently, while achieving the highest levels of safety and environmental performance at our site,” said Nasser Al Kuwari, QAFAC general manager.
The solution includes Honeywell’s Experion® PKS distributed control system, Honeywell’s Safety Manager, and its XLS fire detection systems.
“Honeywell’s technology offers a truly integrated control and safety system that will improve operational effectiveness, as well as provide cost-saving features and applications for improved process performance,” said Mansour Al Belhadj, Middle East sales director for Honeywell Process Solutions.
Work under the multimillion dollar contract has already begun and is due for completion in 2014.
For more information, please visit: www.honeywellprocess.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. 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.
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.
Experion® is a registered trademark of Honeywell International Inc.
# # #