(Honeywell, 8.Oct.2024) — Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. As […]
Tag: Honeywell
Crescent to Develop Integrated CCS Solution for Entergy
(Energy Analytics Institute, 20.Sep.2024) — Crescent Midstream will develop and build an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy-owned natural gas-fired power plant. Through collaboration between Entergy, Crescent, SAMSUNG E&A, and Honeywell‘s carbon capture technologies, the ~$1bn project would be one of the […]
Honeywell to By Air Products’ LNG Process Technology
(Air Products, 10.Jul.2024) — Honeywell and Air Products jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81bn in an all-cash transaction. This represents approximately 13x estimated 2024 EBITDA. As a result of the acquisition, Honeywell will be able to offer customers a comprehensive, […]
PetroPerĂş Selects Honeywell Forge Solution to Support Employee Training
(Honeywell, 31.Mar.2022) — Honeywell (Nasdaq: HON) announced that PetrĂłleos del PerĂş S.A. (PetroperĂş), the largest hydrocarbon producer, refiner and distributor in Peru, has implemented Honeywell Forge Workforce Competency solutions to train its industrial workforce for safer and more efficient operations. PetroperĂş is investing in digital transformation as a key part of the refinery modernization […]
TTEC 2021: Free Honeywell Workshop
(Energy Chamber, 9.Jun.2021) — You can still register for a sponsored workshop being hosted by Honeywell at the Trinidad and Tobago Energy Conference 2021. The workshop is free of charge and open to all members, non-members and all registered TTEC 2021 delegates. Workshop details: Theme: How Honeywell is addressing the industrial world’s new […]