New Delhi -- Honeywell announced 18 Nov that it will invest $34 million in a technology centre in Gurgaon, India, to expand its global research capabilities in refining, petrochemical, fluorine and other technologies, so that it can offer better service to customers in the region.
The 400 000 sq.ft (37 000 sq.m) centre, to be located at an existing Honeywell site, will primarily house pilot plants for developing and demonstrating refining and petrochemical process technology developed by UOP, a Honeywell subsidiary that is part of Honeywell's Specialty Materials business group.
The centre will also include laboratories for process and applications development for other Specialty Materials technology areas, including fluorine products and nylon materials. The centre is expected to employ 100 within five years. Honeywell's fluorine products group develops blowing agents for polyurethane foam, most recently commercialising hydrofluoroelofin HFO-1234ze, and investigating a new liquid blowing agent, to meet current demands for materials with very low global warming potential.
"This centre will allow us to conduct development closer to our end customers, while at the same time tapping the recognised engineering talent of India," said Andreas Kramvis, president and ceo of Honeywell Specialty Materials, in the company statement. "It will strengthen our product and process commercialisation capabilities globally, but especially in Asia, where it will complement our existing research centre in Shanghai, China."