Honeywell contract to help Korean plants boost process reliability, production
Honeywell has been awarded a multi-million dollar contract to automate three Korean ethylene plants.
Honeywell has been awarded a multi-million dollar contract to automate three Korean ethylene plants. Under the $1.32 million agreement with petrochemical company Yeochun NCC Co. Ltd. (YNCC), Honeywell’s Profit Suite will help the Asian firm respond to China’s increasing demand for ethylene-based products by increasing the plants’ production capacity, reducing production costs, and enhancing process reliability with no investment in new hardware, Honeywell says.
According to the agreement, Honeywell will supply Profit Suite to the three ethylene plants and also provide engineering services at plant No. 3. The applications are designed to address all aspects of modern process plant operations, from regulatory control to plant-wide optimization. Core elements of the suite to be used are:
Profit Controller. Based on Honeywell’s multivariable predictive control technology, this package provides tools to design, implement, and maintain multiple-input/multiple-output applications to drive processes to maximum benefit;
Profit Optimizer. This technology spans multiple process units or entire plants to deliver improved plant profitability and control. It accounts for constraints and economics between operating units and dynamically coordinates the introduction of optimal set points for a smooth transition to optimal operation; and
Profit Bridge. This solution automatically extracts information from non-linear models and regularly updates control and optimization models to reflect this information.
YNCC is the largest ethylene producer in the Asia-Pacific region. Established in 1999 as a joint venture between Daelim and Hanwha, it produces basic feedstock materials for petrochemical products and also supplies propylene, benzene, toluene, xylene, styrene monomer, and butadiene to domestic and overseas markets.
—Jeanine Katzel, senior editor, Control Engineering, email@example.com
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. Click here to start this process.