Honeywell Wins Contract

Honeywell International, a technology and manufacturing company, said Monday it has been selected by Farabi Petrochemicals Company to provide manufacturing technologies for a new biodegradable detergents facility in Saudi Arabia.

Under the award, Honeywell UOP will provide catalysts and adsorbents as well as licensing, basic engineering and other associated services for the new complex. Shares were marginally lower in recent morning trade.

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