April 29, 2008

UOP Technology Selected by ONGC Mangalore Petrochemicals Ltd. for New Aromatics Complex in India

Complex to produce 1.175 million metric tons per year of high purity aromatics making it the largest petrochemical plant in southern India

DES PLAINES, Ill., April 29, 2008 — UOP LLC, a Honeywell (NYSE: HON) company, announced today that ONGC Mangalore and Petrochemicals Ltd. has selected UOP to supply technology, basic engineering services and equipment for a new aromatics complex to be installed in Mangalore, India.

The new petrochemical complex is expected to produce 900,000 metric tons per annum (MTA) of para-xylene as well as about 275,000 MTA of benzene to support growing demand for these petrochemicals in Asia. Para-xylene is a key ingredient in the production of intermediates used to make polyester for fabric and PET (polyethylene terephthalate) chips for carbonated soft drink and water bottles. Benzene is used to manufacture other chemicals used in the production of polymers, plastics, resins, and nylon.

The aromatics complex will be integrated with an existing Mangalore Refinery and Petrochemical Ltd. refinery complex located in the Mangalore Special Economic Zone and will use the naphtha and aromatic-rich stream from the refinery as feedstock to produce aromatics. It is scheduled to be completed in 2010. It will be the largest petrochemicals plant built to date in southern India.

“UOP worked closely with us in building our existing refinery, and we are pleased to work with them again in the development of this new project, which, when completed, will help to meet the growing demand of petrochemical products in this region “said C.B. Subramanian, ONGC Mangalore and Petrochemicals Ltd chief operating officer. “We are confident that this will be among the most ONGC Selects UOP Technology Page 2 for New Aromatics Complex competitive petrochemicals facilities in the world using the most advanced technologies, and we consider UOP to be an important partner to help us make this happen.” The new facility will utilize naphtha along with aromatic-rich stream from the existing refinery as the feedstock to produce aromatics. A wide range of UOP technologies will be used for the production of high purity aromatics including the UOP CCR Platforming™ Process, the UOP Isomar™ Process, the UOP Parex™ Process, the UOP Tatoray™ Process and the Shell Sulfolane™ Process.

ONGC Mangalore Petrochemical Corp. is promoted by the Oil and Natural Gas Corp. (ONGC), the largest crude oil and natural gas producer in India, and Mangalore Refinery and Petrochemical Ltd., operator of a state-of-the-art refinery that processes 12.5 million tons of crude oil per year to produce naphtha, petrol, aviation turbine fuel (ATF), diesel, fuel oil and bitumen.

UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. and is part of Honeywell’s Specialty Materials strategic business group. For more information, go to www.uop.com.

Honeywell International is a $36 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com.

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