Honeywell Modernizes Century-Old German Refinery with Innovative Service Model to Share Operational Responsibility
November 6, 2018
OFFENBACH, Germany, Nov. 6, 2018 /PRNewswire/ -- One of the world's oldest refineries has selected Honeywell (NYSE: HON) to help continue modernizing its operations under a service agreement that shares responsibility for running the site.
Germany-based H&R Group will migrate the legacy control systems at its ChemPharm GmbH refinery in Salzbergen, Germany, to Honeywell's newest controllers. The refinery will also initiate Honeywell's Assurance 360 Performa package, which will provide H&R with ongoing services such as system optimization, parts management, preventative surveillance and competency management.
"Honeywell will help us achieve a higher level of responsiveness, flexibility and productivity at the Salzbergen refinery," said Dieter Pohl, managing director, H&R ChemPharm. "Following the system migration work, Honeywell will share responsibility in the ongoing running of the site. This model appealed to us as we can free up expert resources to assist in other areas of the business and focus on bigger picture issues."
The refinery, which began operating in 1860, produces raw materials for chemical and pharmaceutical products. It has undergone several technology upgrades in recent years. The newest upgrades will drive ongoing stability, reliability and quality while mitigating risk.
"There's growing market interest in our Assurance 360 offering, and this is underscored by today's agreement with H&R," said Pramesh Maheshwari, vice president and general manager of HPS' Lifecycle and Solutions Services business. "Taking on responsibility for the total lifecycle of a plant &endash; and not just its individual parts &endash; represents a big shift in the delivery of services. In a sense, this shift can be characterized as moving from insurance to assurance, and it's a proposition that is resonating with industrial companies in all sectors."
For more information visit Honeywell Assurance 360.
Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; energy; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. It is also a leader in providing software solutions and instrumentation that help manufacturers find value and competitive advantage through Honeywell Connected Plant, Honeywell's Industrial Internet of Things (IIoT) solution. Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell UOP (www.uop.com), 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 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
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.