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Honeywell Helps to Improve Efficiency, Reliability at Russian Refinery

MOSCOW, July 7, 2015 Honeywell (NYSE:HON) Process Solutions (HPS) today announced that its control technology will help improve efficiency and reliability at LUKOIL's gasoline blending facility in Kstovo, Russia.
The company's Nizhegorodnefteorgsintez refinery uses HPS' Profit® Blend Optimizer software, which is designed specifically for on-line blend reformulation and optimization, allowing for efficient production of fuels to required specifications. LUKOIL is one of the leading primary crude oil processing companies in Russia. "Profit Blend Optimizer, formerly known as OpenBPC, has a significant impact on quality control, improves process, and impacts on product processing costs at the LUKOIL's facility," said Alexander Rodionov, HPS Head of sales in Russia. "It will help optimize the overall performance of a facility that is a key to meeting Russia's growing need for production fuels." "We selected Honeywell Profit Blend Optimizer technology since this solution enables obtaining an optimal gasoline blending recipe at the station, Honeywell's blend property control technology expands the functionality of existing control solutions and allows refinery to achieve optimal gasoline blending recipes," said Mikhail Shamanin, Head of APC implementation Group, LUKOIL-Nizhegorodnefteorgsintez. "The advantages of the solution are its flexible implementation, best-in-class functionality and expert consultative support by Honeywell personnel." LUKOIL-Nizhegorodnefteorgsintez obtained a system for real-time blending recipe optimization, which controls the process automatically using a flow analyzer (IR spectrometer by Bruker) measuring the component and blend properties, APC virtual analyzers and laboratory data enabling production of gasoline of a preset quality at minimum costs. # # # 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 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. # # #