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Market Update: Honeywell International Inc (NYSE:HON) – Unit45 Selects Honeywell’s Low-Global-Warming Insulating Material To Replace HFC Materials In All Refrigerated Containers

[PR Newswire] – MORRIS PLAINS, N.J., July 19, 2016 /PRNewswire/ — Honeywell (HON) announced today that Unit45, a global leader in the sale and leasing of refrigerated shipping containers, commonly known as reefers, will exclusively use Honeywell’s Solstice® Liquid Blowing Agent (LBA) instead of currently used hydrofluorocarbons (HFCs) to help insulate all new containers going forward. Unit45 is requiring that its manufacturer, China-based Yangzhou TongLee Special Container, use the blowing agent in closed-cell spray foam used to insulate the reefers. TongLee is part of China International Marine Containers (CIMC), a world leader in the supply of logistics and energy equipment. Read more on this. , with a current market cap of $recting to http://finance.ya, ended trading yesterday at $. Today’s price range has been between $ per share with a one year range of $. Honeywell (HON) shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple for the same period. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $ is a $0.00 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. Recently, d HON from to (/fi). Previously, d HON from to . The average price target for HON shares by the analysts covering the stock is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update (NYSE:HON): Honeywell Partners With Chinese Manufacturing Leader To Meet Increased Worldwide Demand For Low-Global-Warming-Potential Auto Refrigerant Stock Update (NYSE:HON): Honeywell Partners With Indian Manufacturer To Increase Supply Of Low-Global-Warming-Potential Auto Refrigerant Market Update: Honeywell International Inc (NYSE:HON) – State Oil Company Of Azerbaijan Republic Selects Honeywell UOP Technology To Modernize Its Heydar Aliyev Refinery
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