honeywell international inc (HON) Key Developments
Honeywell Announces Haier to Adopt Honeywell's New Low-Global-Warming-Potential Solstice(R) Liquid Blowing Agent in China
Sep 18 14
Honeywell announced that Haier will adopt Honeywell's new low-global-warming-potential Solstice(R) Liquid Blowing Agent in China to help insulate and increase the energy efficiency of its refrigerators. Blowing agents such as Solstice LBA allow closed-cell polyurethane foam insulation to expand and provide the majority of the foam's excellent insulating properties. Solstice LBA can help home appliance manufacturers achieve an 8-10% energy efficiency improvement compared with cyclopentane, which is widely used as a blowing agent in appliance insulation.
John Holland Wins Contract for the Design and Construction of the Ravenhall Prison in Melbourne's West, in Consortium with GEO, Honeywell and Capella Capital
Sep 16 14
John Holland has been awarded the contract for the design and construction of the Ravenhall Prison in Melbourne's west, in consortium with GEO, Honeywell and Capella Capital. The project involves the design, construction, finance, operation (25 years) and maintenance of a prison for 1,000 medium security male prisoners and the design, construction, finance and maintenance of a Statewide Services Building. John Holland's revenue from the contract is estimated to be $650 million. The Ravenhall Prison project will employ more than 700 people during peak construction periods, including staff, workforce and subcontractors. This involves a target of 4% Indigenous employment. Economic benefits will also extend to local suppliers. Construction is scheduled to commence in early 2015 and is scheduled for completion in late 2017.
Bombardier Inc. to Deliver Honeywell Aerospace’s Jetwave Connectivity Hardware for Business Jets
Sep 16 14
Bombardier Inc. announvrf that Bombardier Business Aircraft will be the launch business aircraft manufacturer for Honeywell Aerospace’s JetWave Ka-Band satellite connectivity system. Honeywell’s JetWave hardware exclusively supports Inmarsat’s forthcoming Jet ConneX (JX) service which, when it goes live in 2015, will provide business jet passengers with high-speed, in-flight connectivity virtually anywhere in the world. Honeywell’s JetWave hardware will allow passengers to video-conference, send and receive large files and access streaming content while on the move by enabling them to access Inmarsat’s JX service. A range of service packages will be available to Bombardier customers, enabling them to select the speed that is right for their operations. In an industry first, each service package will be covered by a minimum service guarantee ensuring passengers experience a remarkable step forward in connectivity when compared to currently available technologies.
Honeywell Opens New Turbocharger Plant in China
Sep 5 14
Honeywell opened a new turbocharger plant in China on September 3, 2014. The company's new plant is in Wuhan and will allow Honeywell to triple its turbocharger production capacity in China. The plant covers 12,550 square metres and in 2015 the company will invest a further USD 10 million in the plant. The plant in Wuhan has been producing turbochargers since the end of 2013.
Honeywell International Inc. Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-15-2014 08:00 AM
Aug 29 14
Honeywell International Inc. Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-15-2014 08:00 AM. Venue: Ritz-Carlton, Laguna Niguel Dana Point, California, United States. Speakers: Thomas A. Szlosek, Chief Financial Officer and Senior Vice President.