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Press Release - January 18, 2018

Tokyo, Japan - January 18, 2018

Yokogawa Wins Control System Order for Water Source Facilities in Northwestern China's Dushanzi District

Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary, Yokogawa China, has received an order from the Dushanzi Petrochemical Company, a subsidiary of PetroChina Company Limited, to deliver a control system for its water source facilities. This system will monitor and control various water source facilities managed by the Dushanzi Petrochemical Company in the Dushanzi District of Karamay, a city in China's Xinjiang Uyghur Autonomous Region.

The Dushanzi Petrochemical Company manages four sources that annually produce approximately 650 million m3 of water for use by its world-class Dushanzi petrochemical complex and other consumers in the Dushanzi District. The company wants to replace an existing control system with an up-to-date system that will more efficiently monitor and control its water source facilities, which consist of 84 wells, 8 reservoirs, and 10 pump stations. In this project, Yokogawa will supply a CENTUM VP integrated production control system, and Yokogawa China will oversee all project implementation activities, including engineering and commissioning. The project is scheduled to be completed by March 2018.

Yokogawa believes that it was able to win this order thanks to its solid track record of delivering control systems to PetroChina and operators of large water supply facilities in China, and the excellence of its products, engineering capabilities, and after-sale services. In addition, the customer welcomed Yokogawa's proposal of building an optimum operation environment based on a stable control system platform that utilizes advanced alarm management and high-speed communications. Encouraged by this order, Yokogawa will continue its efforts to meet customer needs and thereby expand its control business in China, based on the Co-innovating tomorrow corporate brand slogan.

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About Yokogawa

Yokogawa's global network of 113 companies spans 60 countries. Founded in 1915, the US$3.5 billion company engages in cutting-edge research and innovation. Yokogawa is active in the industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. Targeting this segment, Yokogawa helps companies maximize their profits by offering a wide range of highly reliable products and working with the subsidiary KBC Advanced Technologies to provide premium solutions and services. For more information about Yokogawa, please visit www.yokogawa.com.


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