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Honeywell to provide caprolactam & nylon resin to Shaw for nylon fibers production

07 Nov '05

1 min read

High-performance specialty materials provider Honeywell announced that it has completed the sale of its US nylon carpet fibers business to Shaw Industries Group Inc, a subsidiary of Berkshire Hathaway Inc.

Honeywell sold its nylon fiber manufacturing operations in Anderson, Clemson and Columbia, South Carolina and its 50 percent stake in Evergreen Nylon Recycling, based in Augusta, Georgia, to Shaw Industries.

As part of that transaction, Honeywell and Shaw also agreed to a long-term supply agreement for Honeywell to supply Shaw with caprolactam and nylon resin, two intermediate chemicals used in the production of nylon fibers for carpeting and other applications.

Honeywell will retain its intermediates operations, which manufacture caprolactam, Aegis nylon resins for various fiber and plastic applications, Sulf-N ammonium sulfate fertilizer and other chemicals.

New Jersey based diversified technology and manufacturing firm Honeywell International provide aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Honeywell International is a $26 billion 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.

Honeywell International

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