Press Release
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Honeywell Signs Capran® Film Distribution Agreement with Leading
European Packaging Company
Milan, Italy-based CFP Flexible Packaging to offer nylon 6 films for food
and other markets.
MORRIS TOWNSHIP, N.J., January 27, 2010 – Honeywell (NYSE: HON)
announced today that it has signed an exclusive distribution agreement with CFP
Flexible Packaging, a leading European packaging company.
CFP, which has more than 35 years of experience in the manufacture of
bioriented and multilayer cast nylon films, will become the main distributor in
Europe, the Middle East and Africa for certain Honeywell Capran®
nylon films.
"The European packaging industry requires film technology that offers
superior barrier capabilities with more flexibility – key attributes of Capran
films," said Doug Wilson, global business manager for Honeywell's flexible
packaging business. "CFP's established presence will help us reach more
customers in this important region."
Capran films are simultaneously bi-axially oriented nylon 6 films, also known
as BOPA films, with excellent strength, toughness and clarity, and superior
oxygen-barrier characteristics. In addition to food packaging, the films are
used in book covers, balloons, and bags and pouches.
"Honeywell barrier films are known throughout the industry for their
performance and reliability," said Maurizio de Costanzo, chief executive
officer of CFP. "We're pleased to offer Honeywell Capran flexible films to
the European packaging market."
CFP will sell Capran 1200, 1500, 1500M, 2500 and 2500M. These films are
manufactured at Honeywell's Pottsville, Pa., plant.
Honeywell is a global leader in the manufacture of films. In addition to
Capran, Honeywell manufactures Aclar® moisture-barrier films for
pharmaceutical packaging and PowerShield™ backing film for
photovoltaic panels.
For more information, visit www.honeywell.com/capran.
Honeywell Specialty Materials is a global leader in providing customers with
high-performance specialty materials, including fluorine products; specialty
films and additives; advanced fibers and composites; intermediates; specialty
chemicals; electronic materials and chemicals; and technologies and materials
for petroleum refining.
Honeywell International (www.honeywell.com) is a
Fortune 100 diversified technology and manufacturing leader, serving customers
worldwide with aerospace products and services; control technologies for
buildings, homes and industry; automotive products; turbochargers; and
specialty materials. Based in Morris Township, N.J., Honeywell's shares are
traded on the New York, London, and Chicago Stock Exchanges. For more news and
information on Honeywell, please visit www.honeywellnow.com.
This release contains certain statements that may be deemed
"forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. All statements, other than statements of
historical fact, that address activities, events or developments that we or our
management intends, expects, projects, believes or anticipates will or may
occur in the future are forward-looking statements. Such statements are based
upon certain assumptions and assessments made by our management in light of
their experience and their perception of historical trends, current economic
and industry conditions, expected future developments and other factors they
believe to be appropriate. The forward-looking statements included in this
release are also subject to a number of material risks and uncertainties,
including but not limited to economic, competitive, governmental, and
technological factors affecting our operations, markets, products, services and
prices. Such forward-looking statements are not guarantees of future
performance, and actual results, developments and business decisions may differ
from those envisaged by such forward-looking statements.
Media Contacts:
U.S.
Nina Krauss
973-455-4253
nina.krauss@honeywell.com
Europe
Sabine Chmielewski
+49 5137 999 9411
sabine.chmielewski@honeywell.com
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