Q: What is the relationship between Honeywell and Honeywell Process Solutions?
A: Honeywell is a global leader in supplying advanced technology products, services and solutions through over 108,000 employees in over 90 countries. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions (ACS) group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. Honeywell Process Solutions and the complementary ACS business units comprise nearly $8B of Honeywell’s overall $26B business.

Q: The industrial process control business doesn't seem like a particularly apt fit within a corporation focused on aerospace and building controls.  Where's the synergy?
A: First and foremost, Honeywell is an engineering firm dedicated to solving the world’s toughest engineering challenges, and all of Honeywell’s businesses in its broad, but tightly interrelated portfolio, are engineering-based. In fact, Engineering News Record recently ranked Honeywell as the 20^th largest design and engineering company in the world. Honeywell CEO Dave Cote calls the company’s Automation and Control Solutions unit one of Honeywell’s “sweet spots” for growth, and Honeywell Process Solutions is a critical part of that unit’s success.

Q: What industries does HPS serve?
A: Honeywell Process Solutions serves a range of industries including oil and gas; refining; power generation; pulp, paper and printing; chemicals and petrochemicals; life sciences; and metals, mining and minerals.

Q: What are your project delivery capabilities?
A: Honeywell Process Solutions has best-in-class project delivery capabilities with more than 3,000 skilled project engineers and consultants worldwide and a proven track record of successful projects worldwide. Not only does HPS have the industry’s leading safety record, 98 percent of our projects are completed on time and on or under budget.

Q: Do you have a lot of customers using your control system technology?
A: More than 11,000 Honeywell automation systems have been installed since Honeywell first introduced Distributed Control System technology in 1974, representing a $15 billion installed base – the largest in the automation industry.

Q: How is the Experion™ Process Knowledge System (PKS) different from previous Honeywell control systems? 
A: Honeywell pioneered the development of the Distributed Control System (DCS) which primarily improved process related cost and productivity.  Process efficiency, however, is only one dimension of total business effectiveness. The Experion Process Knowledge Solutions goes beyond the process efficiencies provided by a traditional DCS by integrating an advanced automation platform with innovative software applications that improves three additional dimensions of performance:

• Asset uptime and reliability
• People/operator effectiveness e.g. to respond to abnormal situations, alarms etc.
• Agility in business decision-making to align manufacturing and business objectives

Improving all four dimensions of efficiency can double the benefits of a traditional DCS, including instrument- and control-system maintenance costs by up to 30 percent, and improving control system uptime to 99.999 percent, or Six-Sigma performance.

Q: What is Honeywell doing to protect and support its customer’s investments in older Honeywell systems? How difficult is it to upgrade to newer systems? 
A: Honeywell is the only automation vendor that supports products dating back 30 years – functionality of all previous Honeywell systems, as well as third party systems can be fully maximized. In fact, Honeywell’s ION technology allows currently Honeywell system users to migrate 20 years forward (to Experion functionality