Honeywell performance materials business reports fourth-quarter profits down 25.7% YOY

MOSCOW (MRC) -- Honeywell's performance materials and technologies segment reports fourth-quarter profits down 25.7% YOY, to USD478 million, on sales down 10.5%, to USD2.5 billion, according to Chemweek. Sales declined toВ  on continued delays in Process Solutions automation projects as well as volume declines in smart energy and thermal solutions, and lower gas processing projects, catal

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