Honeywell Signs Capran(R) Film Distribution Agreement With Leading European Packaging Company
January 27 2010 - 10:00AM
PR Newswire (US)
Milan, Italy-based CFP Flexible Packaging to offer nylon 6 films
for food and other markets MORRIS TOWNSHIP, N.J., Jan. 27
/PRNewswire-FirstCall/ -- 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(TM) backing film for
photovoltaic panels. For more information, visit
http://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 (http://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 http://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. DATASOURCE: Honeywell CONTACT: U.S.: Nina Krauss,
+1-973-455-4253, , or Europe: Sabine Chmielewski, +49-5137-999
9411, Web Site: http://www.honeywell.com/
http://www.honeywell.com/capran
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