SABIC to maximize productivity, improve ROI

Honeywell has signed a $12 million agreement with Saudi Basic Industries Corp. (SABIC), a Saudi Arabian petrochemical company, to provide advanced process control and implementation services to SABIC sites throughout the Kingdom.

04/06/2006


Honeywell has signed a $12 million agreement with Saudi Basic Industries Corp. (SABIC), a Saudi Arabian petrochemical company, to provide advanced process control and implementation services to SABIC sites throughout the Kingdom.

Under the agreement, Honeywell will provide optimization applications based on its Profit Suite technology, including core applications Profit Controller and Profit Optimizer. Using these fully integrated applications within a scalable architecture reportedly will help process manufacturers increase plant efficiency and improve plant performance.

SABIC is the largest publicly traded company in the Middle East, and the seventh largest petrochemical company in the world, based on annual revenues. Headquartered in Riyadh, the company has assets totaling $34 billion, market capitalization exceeding $175 billion, and annual production of over 43 million metric tons—with product exports to over 100 countries.

— Richard Phelps, senior editor, Control Engineering
richard.phelps@reedbusiness.com





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