Finger crossed, dreaming can be true, isn't it.
12 replies (most recent on top)
@223 so true on long career with UOP I got 4 decades in myself. I hope retire soon will pull lump some for the pension don't trust HON with it. Feel sorry for all the newbies there at UOP.
I begged for this in 2020 - it was long clear that the fantastic company that UOP was never belonged inside Honeywell and ever since the take-ver HON did their best to ruin it all. Greed and incompetence ruled.
@104 if you are HON employee, maybe you should be worried that you disclose the financial margin information. Well done, please looking for your next job.
UOP was a JV between AlliedSignal and Dow Chemical specializing in licensing some refinery processes. Honeywell bought Dow’s share back in 2005 or so. Dave Cote and Darius Adamczyk liked these folks, so appointed UOP folks to be the CEOs and CTOs of the PMT business and now Process Technology. Now it has switched from old dirty refinery technologies to new clean technologies like Batteries and Sustainable technologies. Honeywell Technologies is only profitable because of over 60% margins of UOP business.So no spinoff.
OP, you were dreaming about this?
VK would never allow UOP to be sold, how else can he hid the underperformance of the rest of IA?
@eq yes and yes; you have a lot of them but has any of them brought any goodness to this company?
@e0 to be honest, we are full of indians. Would we be able to tell the difference?
If that is true, I hope the buyer is not an Indian company.
@bp if you don't know what is UOP you are ok.
What is UOP to begin with? :D
@OP where did you hear this?