Honeywell International Inc . ( HON ) has introduced a
line of additives for asphalt to lower manufacturing and paving
costs and reduce harmful emissions. Honeywell Titan additives for
asphalt have high heat resistance and are available in a variety of
product forms and packaging.CRANE CO (CR): Free Stock Analysis ReportHONEYWELL INTL (HON): Free Stock Analysis
ReportMACQUARIE INFRA (MIC): Free Stock Analysis
ReportTYCO INTL LTD (TYC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment
The new Honeywell Titan additives for asphalt reduce the fuel
required to mix asphalt by 13% and harmful emissions by 82%.
The improved asphalt fluidity allows for temperature reduction
during both the manufacturing and paving processes leading to less
energy consumption and overall cost reduction for both asphalt
manufacturers and road pavers. With the addition of small
quantities of Honeywell Titan additives, asphalt flows 60% to 80%
more easily compared with asphalt modified with traditional
Additionally, asphalt formulated with Honeywell Titan is easy to
handle as it doesn't require high shear mix equipments. Honeywell
Titan's environmental benefits have also been demonstrated in a
paving trial with the Texas Department of Transportation when fuel
usage decreased by 13%.
Honeywell is a global diversified technology and manufacturing
company with a wide range of aerospace products and services,
control, sensing and security technologies for buildings, homes and
industry, turbochargers, automotive products, specialty chemicals,
electronic and advanced materials, process technology for refining
and petrochemicals and energy efficient products and solutions for
homes, business and transportation.
The company faces intense competition from other large industry
players, such as Crane Co. ( CR ) and
Macquarie Infrastructure Company LLC ( MIC ). Honeywell
currently has a Zacks Rank #3 (Hold). Another competitor,
Tyco International Ltd ( TYC ) carries a Zacks
Rank #2 (Buy).