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Honeywell International, Inc.

In the first half of 2017, US Honeywell is planning to increase manufacture of its products at its Elster Gaselectronics production site in Arzamas (Nizhniy Novgorod Region). If earlier Elster has been producing gas industry equipment in Arzamas, next year Honeywell will start producing pressure transmitters for oil industry.

28 September 2016
http://www.comnews.ru/

Russian and foreign investors are expected to contribute over $2bn to upgrade the Yaroslavl Mendeleev Refinery, press secretary of the regional governor Alexander Shkhanov told TASS today.

“Governor Sergei Yastrebov has had a meeting with Mendeleev Group General Director Alexei Ivanov, who told him about the modernization plans for the refinery,” the press secretary divulged.

The group of investors includes Honeywell UOP, United Engineering Group and North-Western Production Company (NPC). By 2019, the refinery is to be expanded with a new generation deep conversion complex with a capacity of up to 3m tonnes a year.

The existing facilities at the refinery are already being reequipped and reconstructed. According to the refinery, the current oil processing volume stands 800,000 tonnes of crude, with a crude tank battery of 33,000 tonnes and a storage tank for finished producs of 45,000 tonnes.

“The refinery was idle for a long time, but it has found a new life now. With major investments poured in by Mendeleev Group, the results and a promising outlook are now obvious. The enterprise is now one of the largest taxpayers and employers in the Yaroslavl region,” the governor said.

Yaroslavl Mendeleev Refinery is one of Russia’s oldest oil processing plants initially launched in 1879. The company employs over 500 people with its annual economic output of more than RUB 13.5bn.

27 August 2015
TASS Russian News Agency

The Chaplygin Siberian Aeronautical Research Institute (SibNIA) plans to start localizing the assembly of aircraft engines made by the U.S. corporation Honeywell at its own facility in fall 2015. SibNIA Director Vladimir Barsuk told RKB.Novosibirsk that the institute and corporation had concluded a memorandum on the localization of production in Russia.

“Contracts on the start of localized assembly of aircraft engines will most likely be signed in August. It is initially to start on the territory of SibNIA and an enterprise that will handle the localization of the production of these engines in Russia will be established (or involved) as the technology is developed. We have agreed on everything with the Americans,” he said.

Barsuk said the localization of production may begin in the fall. The first engines assembled in Novosibirsk will be installed on An-2 aircraft that are currently having their engines replaced by Rusaviaprom. Some 150—200 planes are to modernized in this manner over 2016—2017.

06 July 2015
RBK
Investor
21.2 mln
Novosibirsk region, Yaroslavl region

Investor profile

Honeywell International, Inc.

USA

Company's website: honeywell.com

T: +1 (973) 455-2222

Public company

E-mail: rob.ferris@honeywell.com

Contact: David M. Cote, CEO and Chairman of the Board of Directors

Honeywell Corporation, which is among the Fortune 100 best companies to work for, handles the development and introduction of solutions that aim to improve the quality of life: Honeywell technologies help generate and efficiently use clean energy, provide security and protection, help people around the world to remain in touch, communicate, interact and improve business productivity. The corporation has roughly 132,000 employees around the world, including more than 22,000 engineers and scientists.

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