Honeywell adding nylon capacity in Virginia

By Frank Esposito
Senior Staff Reporter

Published: April 29, 2014 2:43 pm ET
Updated: April 29, 2014 2:45 pm ET

Related to this story

Topics Materials, Materials Suppliers, United States
Companies & Associations Honeywell International Inc.

Honeywell International Inc. will add almost 90 million pounds of nylon resin capacity at its plant in Chesterfield, Va.

Officials with Morristown, N.J.-based Honeywell said in an April 29 news release that a new production line at the Chesterfield site will make both nylon 6 and copolymer nylon 6/6/6 resins. The new capacity is needed to meet demand for high-grade nylon polymers for packaging film and other applications.

Nylon resins included in the expansion are sold under the Aegis brand name. The new line is expected to begin production in the fourth quarter of 2015. When completed, the site will have annual nylon resin production capacity of about 440 million pounds per year.

“As a fully integrated nylon 6 producer, Honeywell remains well-positioned as a reliable and competitive supplier to customers worldwide,” resins and chemicals vice president and general manager Qamar Bhatia said in the release.

Honeywell — with businesses in aerospace, technologies and materials — employs 132,000 worldwide. The firm posted sales of $39.1 billion in 2013.


Comments

Honeywell adding nylon capacity in Virginia

By Frank Esposito
Senior Staff Reporter

Published: April 29, 2014 2:43 pm ET
Updated: April 29, 2014 2:45 pm ET

Post Your Comments


Back to story


More stories

Image

Citadel opens second compounding facility in China, near Shanghai

January 27, 2015 3:22 pm ET

Citadel Plastics Inc., the American manufacturer of thermoplastic and engineered composite compounds, has opened its second facility in China,...    More

Image

Sales, profit fall at DuPont

January 27, 2015 3:13 pm ET

Materials giant DuPont Co. will use almost all of the proceeds from an upcoming spinoff — one that includes its fluoropolymer and titanium...    More

Image

A. Schulman, Citadel continue buying blitz

January 27, 2015 11:32 am ET

A. Schulman Inc. and Citadel Plastics Inc. — two deal-happy materials firms — were at it again in the second half of 2014.    More

Image

It's becoming a seller's market for plastics firms

January 27, 2015 11:37 am ET

The pace of plastics mergers and acquisitions activity slowed a bit in the second half of 2014 — but market watchers have high expectations for ...    More

Image

Materials market sees more deals

January 27, 2015 11:26 am ET

Plastics materials deals showed modest growth in 2014, increasing 6 percent vs. their 2013 total.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events