• PT Youtube
  • PT Facebook
  • PT Linkedin
  • PT Twitter
5/17/2016 | 1 MINUTE READ

Honeywell to Spin Off Nylon 6 & Chemicals Business

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Transaction of spin-off company 'AdvanSix' to be completed by early 2017.

Honeywell, Morris Plains, N.J., is underway to spinning off its Resins and Chemicals business—consisting of nylon 6, caprolactum, phenol, cyclohexane and other chemical intermediaries, into a standalone, publicly-traded company named AdvanSix. The company is soon filing a Form 10 with the Securities and Exchange Commission regarding the transaction. According to Honeywell chairman and CEO Dave Cote, the $1.3-billion Resins and Chemicals business enjoys a leading position in the industries it serves, including engineered plastics, films, fibers and filaments used in end-products ranging from automotive and electronic components, to food and industrial packaging, and more. “It is favorably positioned to continue to achieve global growth as a standalone enterprise, with added flexibility to make capital investments that enhance its offering and service to customers,” he said.


Erin Kane will serve as president and CEO of AdvanSix, upon the transaction’s completion expected by early 2017. Since 2014, Kane has served as v.p. and general manager of the Resins and Chemicals business. She joined Honeywell in 2002 and has held numerous marketing, management, and business director roles within this business unit and other Honeywell businesses. Prior to that, Kane held Six Sigma and process engineering positions at Elementis Specialties and Kvaerner Process. Said Cote, “Erin is uniquely qualified to lead the new independent company. She has extensive experience in managing the global Resins and Chemicals business, having served in a number of business roles with increasing responsibility over the last eight years. As head of the business over the last two years, she helped the business expand its product portfolio while maintaining the operational and cost advantages it enjoys.”


Search for more on Honeywell nylon 6 resins in PT’s materials database.


  • K 2013 Preview: Injection Molding

    Next month’s mammoth triennial plastics show in Düsseldorf, Germany, challenges injection molding machine builders to demonstrate technological leadership in addressing the needs of the marketplace.

  • Beat the Heat When Molding High-Temperature Thermoplastics

    Conventional molding techniques are not effective with high-temperature materials. Molders need to be aware of certain conditions and parameters to handle problems sometimes posed by high-heat injection molding.

  • New Materials Shine Bright In Growing LED Market

    Rapid expansion of LED technology has spurred development of new formulations for a wide range of lighting components. Here are examples of activity in this fast-moving field.