Honeywell’s New Control Software Helps Industrial Plants Lower Installation Costs By Up to 33 Percent

June 14th, 2012 by simran Leave a reply »

Honeywell’s (NYSE: HON) new industrial automation software can help refineries, offshore oil and gas platforms, chemical plants and manufacturers reduce installation costs by up to 33 percent. Plants can now get to production sooner, and operate more efficiently and safely as they strive to meet higher production expectations in the face of steadily rising global energy demands.

Process control systems control the complex systems required for industrial facilities to operate efficiently and are tightly integrated with safety systems in the plant to ensure they operate safely. The systems are complex, expensive and typically require many months of work to install and bring into full operation.

Honeywell’s new Experion® Process Knowledge System (PKS) Orion, the latest version of the company’s flagship process automation and control technology, significantly speeds up this process and reduces costs for the plant. For example, by installing Honeywell’s new technology, a large refinery that produces up to 5,000 barrels of oil per day could begin production as much as a month ahead of schedule, which can save up to $50 million in production and capital costs.

“Safer and more-efficient operations should never come at the expense of each other — all plants should strive to do both,” said Jason Urso, vice president of technology for Honeywell Process Solutions. “Unlike anything on the market today, Honeywell Experion PKS Orion was designed to give manufacturers the ability to do just that. In the face of potentially hazardous operations, Experion PKS Orion tightly integrates control and safety systems to help avoid injury to people, the environment and equipment, and it does so while helping manufacturers get their products to market faster.”

Experion PKS Orion features significant advancements in process automation: First, it allows plants to accommodate late design changes through simple configuration in a matter of minutes, rather than days, which is typically a major reason why project schedules are delayed and installation budgets are exceeded.

Secondly, Experion features virtualization technology that reduces costs up to 30 percent by simplifying management and reducing the amount of physical equipment needed onsite. For example, in offshore oil and gas operations Experion PKS Orion can reduce the footprint of computer, control and power-related equipment by up to 80 percent, which can save an average of $600,000 per platform.

Finally, Experion PKS Orion features improved control that can help “batch-processing facilities” – facilities such as chemical plants that produce their products in batches – increase productivity by reducing cycle times. For a mid-tier specialty chemicals company, for example, this approach can improve productivity by an average of 3 percent and increase profits by $1.5 million per year.

Source:http://www.itnewsonline.com/showprnstory.php?storyid=220862

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