PetroChina expands use of Picaso throughout China

Jan. 7, 2008

Philadelphia, - January 8 - PetroChina Company Limited has completed a successful pilot of the Picaso solution and is now expanding its use throughout its polymer operations. PetroChina, recently named the world's most valuable company, is one of the largest producers and suppliers of chemical raw materials and finished products in China.

The Picaso solution was initially chosen through a partnership with Honeywell International, a long time member of WAM Systems' Alliance Partner Program. The solution is being implemented by another WAM implementation partner, BearingPoint Asia.

"We are glad that PetroChina has recognized the value of our initial joint pilot and is now expanding the Picaso solution throughout its polymer operations," said Jack Weiss, CEO of WAM Systems. "Picaso is delivering the increased visibility and performance optimization that PetroChina is looking for in its polymer facilities."

WAM, Honeywell and BearingPoint team to bring advanced plant MES and supply chain solutions to PetroChina and other leading process manufacturers worldwide.