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Honeywell Reports Full-Year Sales Up 13% to $36.5 Billion; Proforma Earnings Up 35% To $4.05 Per Share; And Reported Earnings Per Share Of $2.61

Honeywell announced fourth quarter and full-year 2011 results as follows: • 4Q11 sales were up 8% to $9.5 billion versus $8.7 billion in 4Q10    – 7% organic growth reflects continued strength in most end markets and the contribution of new product launches and geographic expansion • 4Q11 proforma earnings (excluding the impact of pension [...]

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Honeywell Names Briand Greer President of Honeywell Aerospace Asia Pacific

Honeywell has named Briand Greer President of Aerospace Asia Pacific. Greer is based in Shanghai and will report to Tim Mahoney, President and CEO of Honeywell Aerospace. Greer succeeds Mark Howes, who will be returning to Phoenix, Arizona, to continue a role within the Aerospace Leadership Team. As president of Honeywell Aerospace in Asia Pacific, [...]

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Honeywell Green Jet Fuel Powers Regular Commercial Route For Aeromexico

UOP LLC, a Honeywell company, announced that Honeywell Green Jet Fuel™, produced using process technology from Honeywell’s UOP, is powering Aeroméxico’s Mexico City to San José, Costa Rica route, marking one of the first uses of renewable fuels in everyday airplane passenger service. Honeywell’s UOP process technology produces Green Jet Fuel from natural oils and [...]

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Honeywell’s UOP And PetroChina Produce Green Jet Fuel For China’s First Biofuel Flight

UOP LLC, a Honeywell company, announced that Green Jet Fuel, produced jointly with PetroChina, powered China’s first biofuel demonstration flight. The Air China demonstration flight, which took off and landed in Beijing, used a 50 percent blend of petroleum-based fuel and Green Jet Fuel made from the inedible plant jatropha in one engine of a [...]

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Honeywell’s Third Quarter Sales Up 14% To $9.3 Billion And Earnings Up 45% To $1.10 Per Share

Honeywell announced: • 3Q11 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10     – 8% organic growth reflects continued strength in end markets • 3Q11 earnings of $1.10 per share, an increase of 45% over $0.76 in 3Q10     – Segment profit growth and margin expansion in all segments     – [...]

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Honeywell’s UOP Breaks Ground on Facility to Convert Biomass to Green Transportation Fuels

UOP LLC, a Honeywell company, has begun construction in Hawaii of a biofuels demonstration unit that will convert forest residuals, algae and other cellulosic biomass into green transportation fuels. Backed by a $25 million U.S. Department of Energy (DOE) award, the Honeywell UOP Integrated Biorefinery will upgrade biomass into high-quality renewable gasoline, diesel and jet [...]

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