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Jack Bolick, president of Honeywell Process Solutions, met with customers in Abu Dhabi last month.

Jack Bolick, president of Honeywell Process Solutions talks exclusively to Oil & Gas Middle East.

Has Honeywell seen the expected level of business growth usually associated with a high price environment?

Absolutely. We've exceeded our projections. If you examine the market expansion that the principal consulting firms estimate each industry sector growth is, our own performance is outpacing those figures by some way.

Almost every vertical that we serve is doing very well, and the oil and gas industry is doing particularly well.

Which geographic regions are Honeywell performing best in?

70% of our business is outside the US, so the perception that America dominates our business model is ill conceived.

Canada and Latin America are growing very rapidly, and further from home, Eastern Europe and Russia is performing very well. All of our major business areas are looking at double-digit growth.

We can go in design, engineer and install a plant from scratch, either on our own or with partners, and then life-cycle manage that project almost anywhere in the world.

There are certain countries we are a little more hesitant of operating in from a security standpoint, or there may be an embargo from the US government, which would restrict business activities.

Having said that, from the emerging markets we're operating in, such as Eastern Europe we don't have a problem operating anywhere.

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