Honeywell partners with Princeps on refining supply chain solutions
12/18/2020
Honeywell has announced today a partnership with Princeps for petroleum refining supply chain solutions. Honeywell’s expertise in oil and gas planning will add Princeps’ petroleum solutions platform to its offerings to provide customers with industry-leading insights in determining the most profitable ways to operate their plants.
Honeywell will replace its refining planning software – Refining and Petrochemical Modeling System (RPMS) – by migrating existing customers to Princeps’ leading refining supply chain software covering planning and scheduling, blend and crude optimization in a unique platform. Princeps’ solutions help customers determine their optimal feed and product mix and facilitate scheduling plant-wide operations to optimize their plant profitability.