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Honeywell Aerospace announced the results of its 16th annual Turbine-Powered Civil Helicopter Purchase Outlook. Here are a few key findings:
4,800–5,500 new civilian helicopter deliveries expected during 2014–2018. Overall demand remains steady versus the 2013 five-year forecast, with large fleet operator requirements offsetting a moderate softening in new helicopter purchase plans.
Latin American purchase plans remain strongest in the world, with up to 32 percent of respondent fleets slated for turnover with a new helicopter replacement or addition.
Increased interest in medium twin-engine helicopters, as the second most popular product class. Approximately 33 percent of total survey participants planned to buy a new model of this type. The most frequently mentioned models were the AW139, AW169, Bell 412, EC145 and Sikorsky S-76 series helicopters.
The 2014 outlook presents a snapshot of the helicopter business at a point in time and reflects the current business and political environment. This year’s survey queried more than 1,000 chief pilots and flight department managers of companies operating 2,800 turbine and 290 piston helicopters worldwide.
2020 Women on Boards recognized Honeywell as a Winning Company for the year 2013. 2020 Women on Boards is a non-profit grassroots campaign committed to increasing the percentage of women who serve on public company boards to 20% or greater by the year 2020.
Executive Women of New Jersey, an organization local to Honeywell’s global headquarters, has awarded the company with its 2014 Corporate Board Gender Diversity Award. This award recognizes publicly-held companies headquartered in New Jersey with at least 3 women on their board.
The Philadelphia Police Department recorded the first officer whose life has been saved by Honeywell’s next-generation Spectra Shield® material, which incorporates stronger, lighter Spectra® fiber. The officer was wearing Safariland’s FX Level II vest, which contains more than 80 percent Spectra Shield® as its ballistic material, when he was shot in his chest while in the line of duty.
Safariland, a Honeywell customer, manufactures armor for law enforcement personnel. Honeywell ballistic materials have been used in law enforcement armor in the U.S. for more than 20 years. Officers of the Philadelphia Police Department began wearing the new vests containing next-generation Honeywell materials last year.
“Advances in Spectra fiber and our Shield technology allow us to work with customers like Safariland to develop stronger, lighter bullet-resistant gear for the men and women who put their lives at risk to protect our country every day,” said Steve Brouillard, senior account manager for Honeywell’s Specialty Products’ Advanced Fibers and Composites segment. “It is always our hope that officers do not find themselves in dangerous situations, but we are committed to continually developing next-generation materials to provide the best protection we can when they need it.”
Honeywell Hometown Solutions brought Nobel Laureate Eric A. Cornell to Centro de Enseñanza Técnica y Superior (CETYS) University, Mexicali, for a two-day program of inspirational exchanges with students and faculty.
During his visit, Cornell shared experiences of his long and distinguished scientific career, including his discovery of a new state of matter called Bose-Einstein Condensate, which has allowed scientists to study the properties of atoms in a suspended state. This discovery has, for example, allowed scientists to slow the speed of light traveling through a Bose-Einstein Condensate, opening the way to new types of light-based telecommunications, optical storage of data, and quantum computing. Cornell also offered students advice on following a career path that truly interests them, as success often happens unexpectedly.
Organized by Honeywell Hometown Solutions through its Honeywell Initiative for Science & Engineering (HISE), the visit aims to cultivate and inspire the next generation of scientists and engineers and provide an opportunity for students to interact with laureates as well as technology leaders from Honeywell.
Honeywell’s Brad Paine was named one of Minneapolis St. Paul Business Journal’s 40 Under 40. Paine is the director of product marketing in Honeywell’s Environmental & Combustion Controls (ECC) business, which is home to the company’s most known and iconic product – the thermostat.
Brad has driven 60% YOY growth in Honeywell’s highest-profile product category, connected thermostats, and become a national thought leader in the area of energy and connected products inside and outside the home. Under Brad’s watch, Honeywell has introduced the world’s first connected thermostat with voice control, as well as a sleek Wi-Fi connected thermostat that allows users to customize its color touch screen. Both products have been hailed by consumer tech media.
Each year, MSPBJ editors choose 40 young leaders who have already accomplished much in their professional lives while also giving back to the community. Click here to learn more.
Honeywell's UOP announced that Ningbo Fortune Petrochemical Co. Ltd., a Chinese petrochemical producer, has selected UOP’s C3 Oleflex process technology to convert propane to propylene, a high value monomer used in plastics production.
This is the 18th license for UOP’s Oleflex technology worldwide since the beginning of 2011 as petrochemical producers move to meet the growing, global demand for light olefins. This is a repeat technology selection and strong endorsement for UOP Oleflex technology by Ningbo Fortune’s parent company Oriental Energy Co., Ltd. Oriental Energy is the primary investor in Zhangjiagang Yangzi River Petrochemical Co., Ltd., which announced in 2012 that it will license C3 Oleflex technology for a separate project at Zhangjiagang City, Jiangsu Province, China.
“Demand for propylene is expected to continue to be strong globally, especially in China,” said Pete Piotrowski, senior vice president and general manager of UOP’s Process Technology and Equipment business unit. “UOP is helping meet high demand with this proven technology and has licensed Oleflex to 12 Chinese propylene producers.”