HANOI, Vietnam, Sept. 25, 2017 – Honeywell (NYSE: HON) announced today that it has awarded scholarships to 20 Vietnamese students majoring in chemical engineering at leading universities in Vietnam, affirming Honeywell’s continued investment in building the future engineering talent in the country.

This is the fifth year that Honeywell has sponsored this scholarship program. In addition to serving the Hanoi University of Science, Ho Chi Minh City University of Technology, and PetroVietnam University, the scholarships this year also will include students from The University of Danang - University of Science and Technology.

Five students from each university will be offered cash scholarships. In addition, four of the scholars will conduct internships at the U.S. research and development campus of Honeywell UOP, a recognized global leader in refining and petrochemical technology. The chemical engineering students selected for internships will further develop their skills through direct participation with UOP technology.

“Not only does this scholarship program provide funds for these students’ education, but it also allows them to experience working side-by-side with our engineers and experts,” said Jim Rekoske, Vice President and Chief Technology Officer of Honeywell UOP. “Working with leading universities in Vietnam, our program invests in the next generation of Vietnam’s scientific and research talent, which will benefit the country’s refining, gas processing and petrochemical industries for many years.”

“The eight-week internship was a valuable opportunity for me to obtain the latest knowledge and experience from the leading company in petroleum engineering,” said Dinh Thi Ha Phuong, student at Ho Chi Minh City University of Technology, and one of the students who completed an internship at Honeywell UOP last summer. “I was invigorated by the experience, and I look forward to applying my new expertise in my work in Vietnam.”

In addition to the scholarships and internships, Honeywell UOP also provides an annual lecture series in refining and petrochemicals to each of 12 leading universities in Vietnam, Singapore, Thailand, Indonesia, Myanmar, Malaysia, and The Philippines. The lecture series contributes greatly to the academic curriculum in chemical engineering at these institutions, helping to develop a strong pool of talent in the industry across the region.

Honeywell started operations in Vietnam in 2005 with offices set up in both Hanoi and Ho Chi Minh City. Technologies from Honeywell UOP are being used in PetroVietnam’s Dung Quat refinery, the first refinery to be built in Vietnam, and many others. Honeywell also provides a wide range of solutions and technology in Vietnam, including avionics systems, power equipment and parts for aircraft engines, security systems, process control solutions, building automation solutions and specialty materials.