Honeywell announced Tuesday that the company has been awarded a $17.5 million contract to supply process controls for Vietnam's first oil refinery.The Technip Consortium, which will build the refinery in Dung Quat for state-owned company PetroVietnam, selected Honeywell to supply its process automation system, the Experion Process Knowledge System. The refinery will begin production in central Vietnam in early 2009. The planned refinery will produce 148,000 barrels of oil per day and other products such as propylene, liquid petroleum gas, motor gasoline, jet A1 kerosene, auto diesel and fuel oil. Experion will integrate the refinery's subsystems to give operators a comprehensivce view of how the refinery's processes are functioning. Honeywell will also supply Safety Manager for Emergency Shutdown along with fire and gas protection systems. "This refinery will help Vietnam become a player in Asia's oil market," said Jack Bolick, president, Honeywell Process Solutions. "To compete in this market, the Dung Quat refinery will need state-of-the-art equipment. Experion will ensure a smooth operation from offloading the crude oil to shipping the finished product."
Honeywell To Supply Process Automation System For Vietnam's First Oil Refinery
Honeywell has announced that the company has been awarded a $17.5 million contract to supply process controls for Vietnam's first oil refinery.
Aug 1, 2006
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