By delivering complete planning, execution, and performance monitoring of blending and movement operations, Honeywell’s blending and movement products improve operations and optimize in-line blending to increase plant profitability and minimize incidents. These products provide and execute formulations that meet inventory constraints, delivery schedules, and product specifications while also facilitating data analysis and determining key performance indicators.
Blending and movement products employ state-of-the-art advanced control technology and are built using Honeywell's extensive experience in supporting off site facilities and refinery operations. Solutions provide the intelligence for optimized blending of high-quality finished products, achieve flexible and efficient movement of oil through the complex piping inherent in a tank farm, and guard against incidents.
Blending and movement solutions earned one refinery a cost savings of almost $0.45 per barrel from improved blending operations, reduced re-blends, and more efficient movements. A refinery's annual return on investment can exceed $2 million (U.S.) from blending alone. Additional substantial returns may be achieved through inventory savings, reduction in the number of costly incidents, and more efficient use of human resources. Payback for many improvements can be realized in as little as six months.
There are additional savings that can be attributed to:
Production Tracker is a Business FLEX® application from Honeywell's Blending and Movement Automation suite of applications. The relationship between Production Tracker and other Business FLEX applications is shown above.
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