HONEYWELL ANNOUNCES PRICE INCREASE FOR SPECTRA® FIBER

Honeywell Advanced Fibers and Composites announced a price increase of 5 percent over the current price of Spectra® fiber, effective with shipments Jan. 1, 2015, or as contracts allow.

This increase covers all S-900 and S-1000 Spectra fiber materials for industrial and recreational applications, such as rope, cut-resistant garments and fishing line.  

The company re-evaluated its pricing on Spectra fiber products due to increasing costs in day-to-day operations.

Honeywell Advanced Fibers and Composites, a part of Honeywell Performance Materials and Technologies, produces Spectra fiber, an ultra-high-molecular-weight polyethylene fiber. For more information, visit http://www.honeywell-spectra.com/.

Honeywell Performance Materials and Technologies (PMT) is a global leader in developing advanced materials, process technologies and automation solutions. PMT’s Advanced Materials businesses manufacture a wide variety of high-performance products, including environmentally friendlier refrigerants and materials used to manufacture end products such as bullet-resistant armor, nylon, computer chips and pharmaceutical packaging. Process technologies developed by PMT’s UOP business (www.uop.com) form the foundation for most of the world’s refiners, efficiently producing gasoline, diesel, jet fuel, petrochemicals and renewable fuels. PMT’s Process Solutions business (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries.

Honeywell (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; turbochargers; and  performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.

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