Refining Technologies

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 [...]

Posted on Friday, January 27, 2012

Honeywell’s UOP Selected to Provide Petrochemicals Production Technology for Two Key Projects in South Korea

UOP LLC, a Honeywell company, announced that it has been selected by Samsung Total Petrochemicals Co., Ltd. to provide technologies for the production of key petrochemicals and high-quality diesel and jet fuel at its complex in Daesan, South Korea. The integrated aromatics complex will be the first to employ the latest energy-efficient designs from UOP, [...]

Posted on Wednesday, January 25, 2012

Honeywell’s UOP Selected to Provide Technology For Petrochemicals Production in China

UOP LLC, a Honeywell company, has been selected by Zhejiang Shaoxing Sanjin Petrochemical Co., Ltd. to provide key technology to produce propylene in China. The win marks the sixth time this year Honeywell’s UOP technology has been selected by petrochemicals producers to produce propylene, which is used in the production of materials such as films [...]

Posted on Wednesday, November 30, 2011

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 – [...]

Posted on Friday, October 21, 2011

Honeywell and Sinochem Announce Formation of Joint Venture in China

Honeywell and Sinochem Group signed an agreement to form a 50/50 joint venture to produce and sell blowing agents for energy efficient foam insulation in China to meet growing demand in the Asia region for more energy efficient and environmentally friendlier materials. The formation of the joint venture is subject to Chinese government approval. [...]

Posted on Tuesday, October 11, 2011

Honeywell Announces Expansion of Copper and Tin Refining Capacity for the Semiconductor Industry

Honeywell Electronic Materials announced it will more than double its refining and casting capacity for high-purity copper and tin at its Spokane, Wash., facility in response to rising demand in the semiconductor industry. Demand for the copper material has been steadily growing as new advanced chip designs continue to require high-purity copper. Additional industry growth [...]

Posted on Monday, September 19, 2011