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Honeywell Advanced Materials to become pure-play company

Honeywell has announced plans to spin off its Advanced Materials business to its shareholders as an independent, publicly traded company by early 2026. This will enable it become a pure-play speciality chemicals and materials producer, with strong positions in fluorine products, electronic materials, industrial grade fibres and healthcare packaging.

EC fines Sigma-Aldrich for non-disclosure

The European Commission (EC) has fined Sigma-Aldrich €7.5 million for three infringements in providing incorrect or misleading information in its replies to two requests for information made pursuant to Article 11(2) of the EU Merger Regulation during the official investigation into its acquisition by Merck KGaA in 2015.

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