Honeywell (NYSE:HON) Process Solutions today announced that it has signed a $1 million contract with the Qatar Fertiliser Company (QAFCO). Honeywell will supply its Manufacturing Execution System (MES) for information management and performance monitoring at QAFCO's ammonia and urea production facility in Mesaieed, Qatar. Honeywell's MES will help the facility streamline data handling to reduce manual entry tasks, provide better validation and reconciliation of data, and ensure that information is received and transmitted efficiently.
This is one of several contracts between Honeywell and QAFCO. Under this contract, Honeywell provides QAFCO with Honeywell's Information Management and Analysis solutions and Business.FLEX(R) PKS(R) execution and performance monitoring solutions.
"QAFCO made the decision to go with Honeywell after a thorough techno-commercial evaluation of short-listed integrated Plant Information Management system providers in the market," said a QAFCO spokesman. "Honeywell solutions meet our company's business needs with advanced, flexible and dependable systems that are also cost-effective."
"QAFCO's selection further reinforces Honeywell's outstanding reputation and leadership in delivering advanced manufacturing execution and information management solutions to the process industries," said Jerry Walker, Vice President and General Manager of Honeywell Process Solutions for Europe, Middle East and Africa said.
Additional Honeywell solutions employed at the site include: Uniformance(R) Plant History Database, Advanced Formula Manager, Workcenter PKS(R), Laboratory Information Management System, Production Balance, Event Monitoring, Operations Monitoring, Production Costing and KPI Manager. The MES project will result in better information and data management, improved process reliability, quicker decision-making and plant optimization. Successful implementation of this project will add QAFCO to the proud reference list for Hi-Spec solutions of Honeywell in Qatar, which includes neighboring Qatar Petroleum Refinery.
QAFCO is currently expanding its operational facilities. Upon completion of its ongoing expansion program by mid 2004, QAFCO will be the world's largest single-site producer of urea (2.8 million MT per annum production capacity) and a major producer of ammonia (2.0 million MT per annum production capacity).
Honeywell International is a $23 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; specialty chemicals; fibers; and electronic and advanced 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.acs.honeywell.com .
This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act.
Business.FLEX(R) PKS(R), Uniformance(R) Plant History Database and Workcenter PKS(R) are registered trademarks of Honeywell International Inc.
Contact: Honeywell Process Solutions, Phoenix
Erik Rasmussen, 602-313-4054