Honeywell announces Price Increase on Burdick & Jackson™ Line of Solvents and Reagents
Continued rise in raw materials, energy and freight costs are driving price change MORRIS TOWNSHIP, N.J., June 23, 2008 — Honeywell (NYSE: HON) Burdick & Jackson™ announced today a price increase of 7.5 percent across its line of high-purity solvents and reagents in North America and Latin America. The increase is effective on orders placed on or after July 15, 2008, or as contracts permit. Honeywell cited the continued escalation in the cost of raw materials, energy and freight for the increase. Honeywell International is a $37 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. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com. Honeywell Specialty Materials, based in Morristown, N.J., is a $4.9 billion, 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.