Malaysian Student Group Named Winners of the 2014 Honeywell Asia Pacific UniSim Design Challenge
August 10, 2017
GOLD COAST, Australia, Sept. 22, 2014 A team of chemical engineering students from Malaysia have today become the first ever group entry to win Honeywell ( NYSE: HON) Process Solutions' annual UniSim Design Challenge, demonstrating the power of collaboration to solve industry challenges.
|(From L to R) Joe Spirito, vice president, Sales, HPS, Asia Pacific, Kristy Nyagang, Wai Mun Chen and Dr. Mesfin Getu Woldetensay, Professor, Curtin University, Malaysia.|
"Honeywell has a long-term commitment to supporting the next generation of process engineers across Asia Pacific," said Vimal Kapur, president of Honeywell Process Solutions. "This project showcases the power of simulation technology to improve business performance and reduce operating costs, both of which are top of mind for customers in our industry. And as collaboration becomes increasingly important to business outcomes, we're delighted to see the first group entry named the winners of this year's Asia Pacific competition. " Entrants in the UniSim Design Challenge are judged against four criteria: innovation, industry alignment, benefits and experience/results. Of the projects submitted, the winning team scored highest across all categories, with particular strength in innovation and industry alignment. The students applied an innovative retrofit concept involving an intermediate heating and cooling heat pump to two popular industry designs for the enhanced natural gas recovery process. Their project demonstrated the economic impact of these process changes to the heat duty and the cost of a plant. "Curtin University welcomed the opportunity to have our students involved in Honeywell's UniSim Design Challenge this year," said Dr. Woldetensay. "It is vital that students are given the chance to apply what they learn in the classroom to real-world scenarios and business challenges before entering the workforce. And along with the opportunity to attend HUG and network with industry representatives, this competition highlights the commitment of vendors like Honeywell to giving young engineers the best start in their careers." Honeywell's UniSim Design Challenge is open to chemical engineering students in universities across Asia Pacific. It challenges students to use Honeywell's UniSim Design Suite software, used by engineers around the world to create steady-state and dynamic models for plant design, performance monitoring, troubleshooting, operational improvement, business planning, and asset management. It is also used to improve plant production and safety through offline operator training simulations. Previous Asia Pacific winners have included students from Hanoi University of Science and Technology in Vietnam, the University of Sydney in Australia and Yeungnam University in South Korea. In addition to Asia Pacific, Honeywell also holds annual student competitions as part of the HUG conferences in Europe, Middle East and Africa (EMEA) and the Americas regions. For more information, visit the Asia-Pacific Student Competition page. 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. For more news and information on Honeywell, please visit https://www.honeywell.com/en-us/news. 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.