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NEW DELHI, INDIA: Honeywell announced that it will establish a new technology center in Gurgaon to expand its global research capabilities in refining, petrochemical and other technologies in order to better serve customers in the region.
The company will invest $34 million to establish the 400,000 sq ft center at an existing Honeywell-owned property. The center will primarily house pilot plants for developing and demonstrating refining and petrochemical process technology developed by UOP, a Honeywell subsidiary that is part of Honeywell's Specialty Materials business group.
The center will also include labs for process and applications development for other specialty materials technology areas, including fluorine products and nylon materials. The center is expected to employ 100 within five years.
"This center will allow us to conduct development closer to our end customers, while at the same time tapping the recognized engineering talent of India," said Andreas Kramvis, President and CEO, Honeywell Specialty Materials. "It will strengthen our product and process commercialization capabilities globally, but especially in Asia, where it will complement our existing research center in Shanghai, China."
The center will be managed by UOP India, a wholly-owned subsidiary of UOP that has an existing 250-person process technology engineering center in Gurgaon. UOP is a recognized global leader in developing and licensing process technology used in refining and the production of petrochemicals and renewable fuels.
"UOP has been a partner to the Indian refining and petrochemical industry since 1930, with our technology in every refinery in the country," said Rajeev Gautam, UOP President and CEO, who announced the lab investment at an event in New Delhi.
The new center will also support other specialty materials businesses, conducting research and customer-specific engineering work in caprolactam, a key material used in nylon production, and nylon resin. The center will also support specialty materials fluorines business, doing customer application work in areas such as blowing agents used in energy-efficient spray foam insulation.
