Honeywell Helps PetroVietnam Improve Refineries with IIoT

Honeywell has announced that a subsidiary of PetroVietnam will begin use of its new IIoT-based Connected Performance Services (CPS) offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.

Binh Son Refining and Petrochemical will use Honeywell's CPS technology to improve refinery and plant performance at its naphtha complex. CPS is part of Honeywell's Connected Plant initiative, which is designed to leverage IIoT technologies, services and domain expertise to improve all aspects of industrial operations from supply chain efficiency to asset optimization.

“Honeywell's CPS technology uses the plant's own process data with cloud-based optimization and reliability solutions to ensure the operation runs at peak efficiency,” said Zak Alzein, VP, CPS business¸ Honeywell UOP. “Honeywell will be in a position to use plant-specific information to provide BSR with actionable recommendations that can significantly improve its profitability.”

The service continuously monitors streaming plant data and applies process models and best practices, big data analytics, and machine learning to find latent and emerging performance problems, alert plant personnel and make specific operational recommendations.

“The CPS system is an important tool to help our refinery produce more gasoline and consume less energy,” said Tran Ngoc Nguyen, President and CEO, Binh Son Refining & Petrochemical. “We believe it will improve our staff's capabilities so they can keep our operation running at peak performance.”

According to the U.S. Energy Information Administration, Vietnam produced an estimated 355,000 barrels per day of petroleum and other liquids in 2015. Binh Son Refining and Petrochemical Co., Ltd. Produces, refines trades crude oil and finished petroleum products, bio-fuel, polypropylene pallets, and other products. The company also provides maintenance and technical consultation, training and manpower, marine, and port services in the oil refining and petrochemical field and develops oil and gas projects and bio-fuel.