Honeywell Expands Baton Rouge Facility To Support Solstice Growth

Honeywell International Inc HON is expanding its facility in Baton Rouge, Louisiana, to double the capacity of its Solstice ze (1234ze), an ultra-low-global-warming-potential (GWP) solution.
Solstice ze is used in foam insulation, as a propellant in personal and household care products, and refrigeration and air conditioning applications.
Honeywell plans to invest significant capital in the facility to grow Solstice ze, which is part of its Solstice line of products based on hydrofluoroolefin (HFO) technology.
Honeywell has already invested over $1 billion in research, development, and new capacity for its Solstice technology, having anticipated the need for lower-GWP solutions to combat climate change more than a decade ago.
Price Action: HON shares are trading lower by 0.74% at $219. on the last check Wednesday.

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Growth48.76

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