Honeywell wins lifecycle management contract
Honeywell has received an eight-year, $6.5-million lifecycle management (LCM) contract from Lyondell Chemie Nederland BV, a wholly owned subsidiary of Lyondell Chemical Co.
Honeywell has received an eight-year, $6.5-million lifecycle management (LCM) contract from Lyondell Chemie Nederland BV, a wholly owned subsidiary of Lyondell Chemical Co . The contract is Honeywell’s first of this type in Europe.
The multi-year support agreement offers flexibility in how process manufacturers manage their plant assets. LCM lets users choose when to modernize, what to invest in, how to fund the transition, and how long they want to protect their investment. “One of our primary challenges as a leader in the chemicals industry is to continuously improve our operations and set standards for best practices that we and others can sustain over time,” Said Jos Benders, director manufacturing Europe, Lyondell.
Under the terms of the agreement, Honeywell will provide LCM technology support and migrate the company’s existing Honeywell TDC3000 system to the Experion PKS Process Knowledge System. The plant modernization project is designed to improve production and optimize operational efficiency.
—Jeanine Katzel, senior editor, Control Engineering, email@example.com
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