As part of its IT Master Program to modernize operations of both up-stream oil production and down-stream refining and petrochemical production, PetroChina Co. (Asia-Pacific's largest oil company) has selected Honeywell Inc. to implement a planning system project at 11 of its refining and petrochemical facilities throughout northern China. Honeywell will install an Advanced Planning System (APS) to help PetroChina optimize crude oil selection, production distribution and plant production.
Under terms of the agreement, Honeywell will provide PetroChina with its Refinery and Petrochemical Modeling System (RPMS ), a tool that prepares an optimal production plan for a processing plant or unit based on current inventories, raw material supply and distribution of finished products.
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