
Honeywell and Zhejiang Petrochemical Co., Ltd. ("Zhejiang Petrochemical") signed a memorandum of understanding to deepen cooperation between the two parties and further strengthen continued cooperation in the business area of intelligent connected factories (connected processes, connected assets, connected people). Honeywell Process Control (HPS) will provide plant-wide DCS control systems, production management systems (MES) and operator skills training and management systems for Zhejiang Petrochemical's Zhoushan Item Phase II and other expansion items, as well as establish a system lifecycle innovation service center at Zhejiang Petrochemical to provide maintenance and technical support services for the control system.

Cooperation values include:
The cooperation between Zhejiang Petrochemical and Honeywell began in 2017, and Zhejiang Petrochemical Zhoushan Integrated Refining and Chemical Item adopts a series of Honeywell advanced technologies, including process technology, catalysts and adsorbents, key equipment, and control automation technology. Zhoushan Refining and Chemical Integration Item is one of several large-scale petrochemical industry bases in China's latest economic development plan.