Honeywell, Ishikawajima Harima and Hitachi form alliances

Jul 13, 2000 02:00 AM

Honeywell Power Systems, a subsidiary of Honeywell, announced that it has formed alliances with Ishikawajima Harima Heavy Industries (IHI) and Hitachi to support Honeywell Power Systems' turbogenerator business in Japan and around the world.
These significant new alliances underline the company's continuing commitment to Japan as a key launch market for Honeywell's Parallon 75 turbogenerator. The announcement builds upon Honeywell Power Systems' existing alliances with Tokyo Boeki and Toyo Radiator, both of Japan.
Speaking on the occasion, Tony Prophet, President & CEO of Honeywell Power Systems, said, "We are extraordinarily pleased to have gained the vote of confidence in our Parallon products from two of the most innovative and significant technology companies in the world. These alliances will foster our ability to deliver the best value distributed energy products and services in Japan and around the world."
Hitachi and IHI will develop co-branded cogeneration products for use withParallon turbogenerator systems. These cogeneration systems will include hot water boilers, absorption chillers and steam boilers, and will address the Combined Heat, Power and Chilling (CHPC) markets in Japan and around the world.
It is also expected that Hitachi and IHI will work with Honeywell Power Systems to co-develop improvements to the Parallon turbogenerator product line.

Also speaking on the occasion, Mr. Yamamoto, Executive Director of Tokyo Boeki said, "With the experience, network and expertise of both IHI and Hitachi in the Japanese market, we hope to increase sales of the Parallon 75 exponentially. In fact, we are placing an order for 100 additional Parallon 75 units for delivery in Japan this year."
Beyond supplying cogeneration products to Honeywell, Hitachi will also provide service in Japan for the Parallon product family. "We are excited to become both a supplier and service provider for the Parallon 75 product family," said Mr. Ito, General Manager, Hitachi. "We are confident that the Parallon systems, coupled with our hardware and customer service support, will benefit businesses throughout Japan." Mr. Tso, Executive Managing Director of IHI, enthusiastically stated, "The alliance with Honeywell Power Systems supports our vision and strategic plan.
With our already existing strengths in boilers and heating, and the opportunity to co-develop and supply components for the Parallon product family, this new alliance adds tremendous product value to our organisation. We also look forward to the opportunity to provide service to our customers who buy the Parallon products directly from us." The Parallon 75 turbogenerator is a compact power source that uses a microturbine to convert natural gas or liquid fuels into electricity for on-site power generation. The Parallon 75 is designed to help small- to mid-sized facilities reduce their energy bills, improve power quality, and minimise the risk of power outages.
A single unit generates 75 kW of power, and multiple units can work together in harmony to deliver as much as 600 kW of power. The system can operate connected to the utility grid or independently as a source of stand-alone power. In addition, the unit can be used for combined heat and power.

The Parallon 75 is commercially available and is providing power to a number of businesses in the United States, Canada, France, Japan, China, India, Bangladesh and elsewhere around the world. Installations include The Energy Efficient McDonald's quick-serve restaurant in Bensenville, Illinois; Tokyo Gas, TEPCO, Tohoku Electric, Osaka Gas, Hitachi, NEECO, Fuji Electric, Mitsubishi, and Toshiba in Japan; ESKOM in South Africa; Delhi Vidhyut Board and Mahanagar Gas Nigam in India. In total, more than 30 commercial Parallon units have been delivered to Japan this year.

Albuquerque-based Honeywell Power Systems is the developer and manufacturer of Parallon products for the power generation and transportation industry. The company is a subsidiary of Honeywell.
Honeywell is a $ 24 bndiversified technology and manufacturing leader, serving customers world-wide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; speciality chemicals; fibres; plastics; and electronic and advanced materials.
The company is a leading provider of software and solutions, and Internet e-hubs including, and (joint venture with United Technologies and i2 Technologies). Honeywell employs approximately 120,000 people in 95 countries and is traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific stock exchanges.

Source: Business Wire
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