Honeywell and Gong Myoung Technologies sign strategic supply agreement

摘要

HONEYWELL Specialty Materials is to market waxes from South Korean firm Gong Myoung Technologies under an exclusive supply agreement which covers high-density polyethylene waxes used primarily in inks and coatings, poly vinyl chloride (PVC) processing and floor polish. The agreement gives Honeywell marketing control in all markets except South Korea. The companies say they will work together to commercialise new products, such as oxidised polypropylene waxes, which will allow Honeywell to offer these new products to its customers worldwide.