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October 13, 2015 11:05 AM ET


Company Overview of Honeywell Resins & Chemicals L.L.C.

Company Overview

Honeywell Resins & Chemicals L.L.C. operates as a subsidiary of Honeywell International Inc.

Margaret & Bermuda Streets

Philadelphia, PA 19137

United States

Founded in 2003

Key Executives for Honeywell Resins & Chemicals L.L.C.

Vice President of Honeywell Resins & Chemicals Unit and General Manager of Honeywell Resins & Chemicals Unit
Compensation as of Fiscal Year 2015.

Honeywell Resins & Chemicals L.L.C. Key Developments

Honeywell Resins and Chemicals to Expand Nylon Polymer Production Capacity

Honeywell Resins and Chemicals announced that it will expand production capacity at its Chesterfield, Va., facility to meet demand for high-grade nylon polymers for packaging film and other applications. The new production line will be able to produce both nylon 6 and copolymer nylon 6/6.6 resins, with flexibility to produce either or both as needed to match customer demand. The new line will have a capacity of 40,000 metric tons per year and is expected to start production in the fourth quarter of 2015, expanding capacity at the facility to 200,000 metric tons per year. Honeywell's resins, sold under the Aegis(R) brand name, are used in diverse applications such as fibers and filaments for carpeting, fabrics, nets and cords; engineered plastic components for automotive, consumer and industrial applications; and films for food and protective packaging. For food packaging applications, Aegis resins provide excellent barrier properties to oxygen, helping to retain flavor and maintain product freshness. Honeywell Resins and Chemicals is also a major producer and global supplier of caprolactam, a merchant-grade, nylon 6 intermediate used in a range of applications, including carpet, textiles, engineering plastics, films and industrial filament. The Honeywell plant in Hopewell, Va., with a capacity of 350,000 metric tons of caprolactam per year, is one of the larger single-site caprolactam production facilities in the world. Honeywell caprolactam is sold globally and shipped either in molten or flake form to a variety of downstream customers. Resins and Chemicals offers more than a half-century of technology and customer-focused application development expertise, and continues to invest in its research and development capabilities to enable sustainable growth worldwide. The business also conducts nylon-related research and development at technology centers in New Jersey and Virginia, where it operates laboratory-scale polymer reactors and blown film equipment, as well as in Shanghai, China, where the business recently installed a laboratory-scale multilayer coextrusion cast film line and has extensive analytical capabilities for resin development. In addition to caprolactam and resins, Honeywell Resins and Chemicals sells chemical intermediates, including phenol, cyclohexanone and acetone. It is also a major producer of ammonium sulfate fertilizer, a co-product of caprolactam production, which is sold under the Sulf-N(R) brand.

Praxair Starts Up Carbon Dioxide Purification Facility in Hopewell, Virginia

Praxair Inc. announced the start-up of its new carbon dioxide (CO(2)) purification facility at the Honeywell Resins & Chemicals site in Hopewell, VA. Under a long-term agreement, Praxair will purchase CO(2) from Honeywell Resins & Chemicals, a critical feedstock used for nylon production. The agreement expands Praxair's business relationship with Honeywell. Praxair's new facility purifies and liquefies up to 450 tons per day of CO(2), a byproduct of the production process at Honeywell's caprolactam facility. The CO(2) supply will help Praxair serve customers in a variety of industries, including food and beverage, where it is used to freeze, chill, preserve and package food and carbonate beverages. It is also used in the healthcare, oil recovery, metal fabrication, chemicals and wastewater segments.

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