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Green Packaging Market Growth worth $503.43 billion by 2030- Exclusive Report by The Research Insights

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CHICAGO, May 23, 2025 /PRNewswire/ — The global green packaging market size is projected to be valued at USD 365.46 billion by 2025 and reach USD 503.43 billion by 2030, growing at a CAGR of 6.6% according to a new report by The Research Insights. The global reusable packaging market is estimated to grow at a CAGR of 7.4% over the forecast period 2025 to 2030. The rising environmental consciousness drives both consumers and governments to push for changes in product packaging and consumption methods. A primary driver of this change is the increasing regulatory demands that focus on minimizing plastic waste’s environmental consequences. The green packaging market has become an essential solution given the current environmental context.

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Market Overview and Growth Trajectory:

Green Packaging Market Growth: According to an exhaustive report by The Research Insights, the Green Packaging Market experiences significant changes as cultural values around environmental sustainability evolve. A substantial transformation in consumer behavior occurred in recent years because people became more aware of environmental problems. A rising number of environmentally aware consumers is driving the demand for packaging solutions that can be recycled or reused and that naturally decompose after use.

The report runs an in-depth analysis of green packaging market trends, key players, and future opportunities. In general, the green packaging market growth of 6.6% comprises a range of packaging type, material type, application and geography which are expected to register strength during the coming years.

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Shift Toward Minimalist and Smart Packaging: Consumer demand for sustainable practices and transparent product information has made minimalist and smart packaging a strategic business choice beyond its status as a design trend. Minimalist packaging achieves its goal by successfully reducing material usage without affecting product functionality or visual appeal. Excessive plastic wrappers and multilayered corrugated boxes with redundant inserts are no longer used in modern packaging strategies. Modern brands choose efficient designs that cut down on waste while minimizing environmental effects. The green packaging market size expands as companies begin using lightweight materials that are recyclable or biodegradable which require less resources during both production and disposal stages. The progression towards both minimalism and smart design represents a larger cultural transformation. Today’s consumers seek purpose-driven products that match their personal beliefs rather than being attracted by flashy packaging. Through packaging innovation brands see a dual benefit of lessened environmental impact and solidified customer trust. Minimalist and smart packaging solutions redefine industry standards while pushing the green packaging market forward by making sustainability easier, smarter and more within reach.

Technological Integration in Recycling: The integration of artificial intelligence, robotics, and blockchain technology into sorting and tracking systems for materials supports the expansion of the green packaging market. Using artificial intelligence to power vision systems enables the identification and sorting of various packaging materials with unprecedented accuracy which surpasses human capabilities. Through accurate processing systems, more recyclable materials get correctly handled while reducing contamination levels in landfills. Robotics enhances recycling plants by providing both speed and consistency which leads to improved efficiency and scalability. These tools become increasingly important as the amount of green packaging materials such as bioplastics and plant-based films continues to expand. For the green packaging market, these innovations solve a crucial challenge: The green packaging market is driven by implementing methods to recycle sustainable materials and avoid their disposal as waste. The integration of technology into recycling systems enables us to complete material cycles and approach genuine circular economic principles. Today’s recycling systems rely on technology as their foundation which transforms sustainable packaging market into a scalable and achievable option.

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Reusable Packaging Models Gaining Traction: A silent transformation focused on reuse is transforming both store shelves and our everyday actions in our eco-aware society. The reusable packaging market expands rapidly as consumers and retailers acknowledge its environmental and economic advantages over single-use options. The concept of using packaging multiple times through refillable shampoo bottles, durable food containers and returnable coffee cups is now widespread. Reusable solutions have developed alongside the growing green packaging market without any noticeable disconnect. These markets focus on waste reduction and virgin material dependence while designing circular systems that allow packaging to be reused multiple times before disposal. Retailers recognize reusable packaging as an opportunity to enhance brand identity rather than just fulfilling environmental responsibilities. Reusable packaging strengthens consumer brand loyalty while demonstrating a company’s dedication to environmental responsibility. The adoption of reusable packaging systems becomes simpler for businesses and consumers as infrastructure advances through better return logistics and washing facilities.

Geographical Insights: The North American green packaging market experiences robust expansion with a market share of 27.4% in 2024 because of rising environmental consciousness combined with state bans on single-use plastics and consumer preference for sustainable options. Retailers and FMCG companies in the United States and Canada are now committed to reaching net-zero emissions through the implementation of recyclable, compostable, and biodegradable packaging options. The green packaging market demonstrates significant maturity and policy guidance within Europe. Manufacturers are being driven by the EU’s Green Deal together with its Plastics Strategy and Packaging and Packaging Waste Directive to adopt environmentally friendly alternatives to traditional plastic. The Asia Pacific green packaging market experiences fast growth due to environmental awareness increases alongside urban development and shifting regulations. China, India, Japan, and South Korea have enforced tougher regulations to manage plastic waste through bans and recycling requirements.

Green Packaging Market Segmentation and Geographical Insights:

Based on packaging type, the green packaging market size is divided into recycled content packaging, reusable packaging and degradable packaging. The recycled content packaging segment accounted for a larger share of the green packaging market in 2024.Based on material type, the green packaging market report is divided into paper & paperboard, plastic, metal, glass and others. The paper & paperboard segment accounted for a larger share of the green packaging market in 2024.Based on application, the green packaging market share is divided into food & beverages, personal care, health care and others. The food & beverages segment accounted for a larger share of the green packaging market in 2024.The green packaging green packaging market growth is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

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Key Players and Competitive Landscape:

The Green Packaging Market is characterized by the presence of several major players, including:

International PaperMondi GroupHuhtamaki OyjBall CorporationCrown HoldingsTetra PakGreiner PackagingGerresheimer AGSonoco Product CompanyAmcor PlcSealed Air CorporationSmurfit WestRockVegwarePactiv LLC

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

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Green Packaging Market Recent Developments and Innovations:

In January 2025, International Paper acquired DS Smith Plc which was a sustainable packaging manufacturer. The merger will create substantial shareholder value while positioning the new entity as a worldwide leader in sustainable and green packaging solutions. The acquisition aims to expand market presence across North America and Europe.In September 2024, ANDRITZ and PulPac AB, the Swedish manufacturer in Dry Molded Fiber technology, have entered into a strategic partnership to serve the alternative packaging market.In January 2024, Sealed Air Corporation launched compostable protein packaging tray made from biobased, food-contact grade resin, which is USDA-certified as having 54% biobased content chemically derived from renewable wood cellulose at IPPE 2024.

Conclusion:

The global green packaging market is experiencing rapid growth because of regulatory demands and evolving consumer preferences along with technological advancements. The global packaging landscape is being transformed through reusable packaging models, minimalist smart designs and technological recycling systems which enable the shift from traditional linear packaging to a circular one. The integration of AI and robotics with blockchain technology for better material recovery and traceability combined with rising consumer demands for transparency drives businesses to innovate. The worldwide push to lessen environmental impact has transformed the green packaging market from a growing sector into an essential component for developing sustainable packaging solutions throughout all industries and regions.

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The report from The Research Insights, therefore, provides several stakeholders—including raw material suppliers, packaging manufacturers, distributors and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 503.43 billion by 2030, the Green Packaging Market represents a significant opportunity for raw material suppliers, packaging manufacturers, distributors, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

Compostable Packaging Market – The global compostable packaging market size is expected to reach USD 113.88 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 6.5% from 2024 to 2030. A multifaceted interplay of environmental awareness, evolving regulatory environments, shifting consumer attitudes, and innovations in material science are driving the market’s expansion.Post-consumer Recycled Plastics Market – The global post-consumer recycled plastics market size is expected to reach USD 21.64 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 10.4% during the forecast period, attributed growing concerns about environmental sustainability. As governments introduce stricter regulations and industries respond with sustainable practices, the demand for eco-friendly solutions is on the rise.Paper Packaging Market – The global paper packaging market size is anticipated to reach USD 527.1 billion by 2030 and is projected to grow at a CAGR of 4.8% from 2025 to 2030, according to a new report by The Research Insights. The growing preference for environmentally friendly packaging solutions like paper has driven this expansion, as consumers and enterprises alike seek eco-conscious options.Biodegradable Plastic Market – The global biodegradable plastic market size is anticipated to reach USD 10.04 billion by 2030, according to a new report by The Research Insights, expanding at a CAGR of 9.2% from 2024 to 2030. The upward trajectory is largely attributed to efforts by governments to ban single-use plastics and raise public awareness about the detrimental effects of plastic waste on the environment.Sustainable Packaging Market – The global Sustainable Packaging Market Size is projected to be valued at USD 297.3 billion in 2024 and reach USD 527.4 billion by 2034, growing at a CAGR of 5.9% according to a new report by The Research Insights. The North America region leads the sustainable packaging market Value account for a share of 28% strict environmental laws and business sustainability goals along with rising consumer preference for green products. The paper & paperboard segment held the largest share of the sustainable packaging market Growth in 2024. The plastic segment led the pack in terms of sustainable packaging market size dominance, accounting for over 43% of the overall revenue in 2023. The rigid type segment holds a significant Sustainable Packaging Market Growth lead, accounting for over 60% of revenue in 2023. The primary packaging segment dominated the sustainable packaging market Value with over 76% revenue share in 2023. The recyclable process segment has emerged as a pivotal component in the sustainable packaging market share, boasting a substantial revenue share of over 63% in 2023. The food and beverages segment held a significant lead in the sustainable packaging market share, accounting for over 49% of the total revenue in 2023. In 2023, Europe played a significant role in shaping the global sustainable packaging market report landscape, accounting for over 36% of the total revenue share.

Browse More related reports on Specialty & Chemicals Market – https://www.theresearchinsights.com/categories/specialty-chemicals

About The Research Insights:

The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Kaushik Roy
E-mail: sales@theresearchinsights.com
Phone: +1-312-313-8080
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Technology

Keeper Security Introduces Universal Secrets Sync to Eliminate Credential Drift Across Cloud Environments

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New KeeperPAM capability automatically distributes rotated secrets to AWS, Azure and Google Cloud in a single rotation event with no manual steps or drift

CHICAGO, June 15, 2026 /PRNewswire/ — Keeper Security, the leading zero-trust and zero-knowledge identity security and Privileged Access Management (PAM) platform, is announcing the availability of Keeper Universal Secrets Sync, which launched on June 4th. The new capability within KeeperPAM® automatically distributes credentials and secrets to external secrets managers and cloud platforms the moment they rotate, closing the gap between stored secrets and what’s actually running in production.

For organizations managing secrets across multi-cloud environments, the risk is not only exposure – it’s drift. When credentials stored in a PAM platform fall out of sync with what is running in production pipelines, the consequences range from access failures and delayed incident response to shadow secrets that carry active privileges no security team can see, govern or revoke. Global research has found that 86% of IT and security leaders agree their organization would benefit from a PAM solution, yet even among organizations with PAM in place, 46% still struggle to manage privileged access consistently across cloud and hybrid environments. Universal Secrets Sync closes that gap.

Automatic Distribution Across Every Cloud Target

Keeper Universal Secrets Sync monitors one or more Keeper Secrets Manager shared folders and automatically distributes the contents to configured cloud targets, including AWS Secrets Manager, Azure Key Vault and Google Cloud Secret Manager. When a secret rotates in KeeperPAM, every cloud environment receives the updated credential automatically, with no manual exports, no custom integration scripts and no reconfiguration after rotation required.

Additional capabilities include:

Automatic sync – Any change to a secret in a linked shared folder triggers an automatic push to all connected cloud targets. No manual action is required; the Gateway processes and distributes the update in the background.Dry Run mode – Security teams preview exactly what will change before any secret is distributed, making Universal Secrets Sync compatible with change control requirements and environments that require additional oversight.Multi-folder sync – Secrets from multiple Keeper shared folders can be synchronized in a single configuration.Sync Identity – Administrators can specify a dedicated IAM role, managed identity or service account, with least-privilege access to the secrets store, for the Keeper Gateway to assume during sync operations.Error recovery – Missing secrets and permission errors are surfaced automatically, reducing the risk of sync failures going undetected.

“Secrets drift is one of the most underappreciated risks in enterprise security programs,” said Craig Lurey, CTO and Co-founder of Keeper Security. “Organizations unknowingly leave stale credentials active in downstream cloud environments when distribution is manual. Universal Secrets Sync makes distribution automatic and auditable. Every secret rotation updates to all connected targets simultaneously, with Dry Run mode giving teams full visibility into what will change before anything is written.”

Flexible Retrieval for Every Workload

Universal Secrets Sync gives developers the right access path for each use case. Cloud-native applications that demand high throughput and low latency continue reading directly from AWS Secrets Manager, Azure Key Vault or Google Cloud Secret Manager using familiar native SDKs and IAM controls – ideal for services performing hundreds of thousands or millions of retrievals per day. For CI/CD pipelines, scripts, internal tools and services running outside the cloud, developers retrieve secrets directly from Keeper Secrets Manager via the KSM SDK or CLI, with full zero-knowledge protection end-to-end. The result is a single source of truth with two complementary access patterns – fast, native retrieval where scale matters, and direct KSM access where reach and zero-knowledge control matter most.

Keeper Universal Secrets Sync is available now as part of KeeperPAM and is included in existing KeeperPAM licenses. Existing customers should contact their Keeper customer success manager to enable this feature. New customers can request a demo at keepersecurity.com.

About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.

Learn more: KeeperSecurity.com
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Media Contact
Katherine Benfield
ICR for Keeper Security
KeeperSecurity@icrinc.com

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Tripadvisor Enters into Agreement to Sell TheFork to American Express for $700 Million

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Transaction highlights the value of Tripadvisor’s portfolio and enables greater focus on experiences

NEEDHAM, Mass., June 15, 2026 /PRNewswire/ — Tripadvisor, Inc. (NASDAQ: TRIP) (the “Company”) today announced it has entered into a put option agreement to sell TheFork, its online restaurant reservation and management platform in Europe, to American Express for $700 million in an all-cash transaction.

The agreement follows Tripadvisor’s February 2026 announcement that it would explore strategic alternatives for TheFork. It recognizes the value created in the business over more than a decade, and allows Tripadvisor to focus even more fully on its Experiences strategy.

“This agreement reflects two things we believe deeply: the tangible value across Tripadvisor Group’s portfolio and our ongoing focus on the opportunity we see ahead in Experiences,” said  Matt Goldberg, CEO, Tripadvisor Group. “We’re proud of what we’ve built with TheFork and grateful for the team’s work to secure a leading position in European dining. I’m confident that we’ve found an ideal home for them and look forward to expanding our relationship with American Express in the future.”

The transaction is expected to provide Tripadvisor with significant flexibility to accelerate its capital return policy, maintain a well-capitalized balance sheet, and continue investing in its Experiences business to drive shareholder value. The companies also see opportunities to build on their existing relationship and deliver additional value to travelers over time.

“In addition to welcoming TheFork to the American Express family, we’re excited about the opportunity to deepen our relationship with Tripadvisor going forward,” said Stephen Squeri, Chairman and CEO, American Express. “By building on our shared strengths across dining, travel, and experiences, we have opportunities to create even greater value for customers and partners.”

The proposed transaction is expected to close before the end of 2026, subject to labor consultation and customary closing conditions, including regulatory approvals. The Company anticipates minimal tax cost from the sale of TheFork, with net proceeds expected to closely approximate the gross proceeds.  Potential uses of proceeds include share repurchases, debt paydown, or inorganic investment within the experiences category.

As of the first quarter of 2026, the Company’s last reported period, the last twelve-month revenue for TheFork was $232 million and adjusted EBITDA for TheFork segment for the same period was $28 million.

Advisors

Goldman Sachs served as financial advisor and Goodwin Procter LLP and Reed Smith LLP served as legal advisors to Tripadvisor and TheFork.

Note on Segment Adjusted EBITDA

We refer to segment adjusted EBITDA as a measure of segment profitability because it is the measure of profit or loss for our reportable segments provided to our Chief Operating Decision Maker (CODM) in accordance with U.S. GAAP for segment reporting. Segment adjusted EBITDA is a key performance measure used by our CODM and Board of Directors to evaluate our individual operating segments. We define adjusted EBITDA as net income (loss) plus: (1) (provision) benefit for income taxes; (2) other income (expense), net; (3) depreciation and amortization; (4) stock-based compensation; (5) goodwill, long-lived asset, and intangible asset impairments; (6) legal reserves, settlements and other (including indirect tax reserves related to audit settlements and the impact of one-time changes resulting from enacted indirect tax legislation); (7) restructuring and other related reorganization costs; (8) transaction related expenses (including non-operational costs related to significant shareholder activism, which includes third-party advisory, legal, and other professional fees); and (9) non-recurring expenses and income unusual in nature or infrequently occurring.

About Tripadvisor, Inc.

The Tripadvisor Group connects people to experiences worth sharing, and aims to be the world’s most trusted source for travel and experiences. We leverage our brands, technology, and capabilities to connect our global audience with partners through rich content, travel guidance, and two-sided marketplaces for experiences, restaurants, and other travel categories such as hotels. The subsidiaries of Tripadvisor, Inc. (Nasdaq: TRIP), include a portfolio of travel brands and businesses, including Tripadvisor, Viator, and TheFork.

Cautionary Note Regarding Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements regarding the proposed sale of Tripadvisor’s TheFork business to American Express, the anticipated benefits, related agreements and timing of the transaction and potential uses of proceeds. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.

Key factors that could cause such differences include: whether or when the required employee works council consultation processes are completed; the ability of the parties to successfully execute a definitive purchase agreement following exercise of the put option; the satisfaction of closing conditions, including obtaining regulatory and antitrust approvals; difficulties or unexpected costs relating to segregating the integrated technology data and platform of TheFork from our retained operations and anticipated benefits for Tripadvisor as a result of the proposed transaction do not fully materialize; risks related to disruption of management time; the operational risk of running our core business without the integrated data platform of TheFork; and the potential for material adjustments to net working capital or unforeseen tax consequences related to the divestiture. Tripadvisor expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement to reflect any change in Tripadvisor’s expectations with regard thereto or any change in events, conditions or circumstances on which such statement is based. Please refer to the publicly filed documents of Tripadvisor, including its most recent Forms 10-K and 10-Q, as such risk factors may be amended, supplemented or superseded from time to time by other reports Tripadvisor subsequently filed with the SEC, for additional information about Tripadvisor and about the risks and uncertainties related to Tripadvisor’s business which may affect the statements in this release.

TRIP-G

 

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HONEYWELL BOARD OF DIRECTORS APPROVES SPIN-OFF OF HONEYWELL AEROSPACE

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Spin-off distribution is expected to occur on June 29, 2026Honeywell Aerospace will be a leading global tier-1 aerospace and defense supplier of mission critical systems and technologiesHoneywell Technologies will be a global leader of the industrial world’s transition from automation to autonomy

CHARLOTTE, N.C., June 15, 2026 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced that its Board of Directors has formally approved the planned spin-off of Honeywell Aerospace. This approval represents a significant milestone in the separation process, which remains on track for completion on June 29, 2026. Following the completion of the spin-off, the remaining pure-play automation company will be known as Honeywell Technologies.

At 12:01 a.m. New York City time on June 29, 2026 (the “Distribution Date”), Honeywell will distribute all of the issued and outstanding shares of Honeywell Aerospace common stock pro rata to Honeywell shareowners of record on June 15, 2026 (the “Record Date”), on the basis of one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held as of the close of business on the Record Date. The distribution is subject to the satisfaction or waiver of certain conditions, as set forth in the form of Separation and Distribution Agreement filed with the U.S. Securities and Exchange Commission (“SEC”) as part of Honeywell Aerospace’s registration statement on Form 10, which was declared effective by the SEC on June 11, 2026.

“Today’s announcement clears the path to establishing two independent industry leaders in Honeywell Aerospace and Honeywell Technologies and also reflects our significant portfolio transformation over the past three years,” said Vimal Kapur, Chairman and CEO of Honeywell. “With clear strategies and growth drivers that build on Honeywell’s century-long legacy, we are confident that both companies will be well-positioned to maximize long-term value for customers, employees and shareowners.”

Honeywell Aerospace common stock is expected to begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “HONAV” on a “when-issued” basis on or about June 15, 2026.  Honeywell Aerospace common stock is expected to begin “regular-way” trading on Nasdaq under the ticker symbol “HONA” on June 29, 2026. Following the separation, Honeywell Technologies will continue to trade on the Nasdaq under the ticker “HON.”

Beginning on or about June 15, 2026 and continuing through June 26, 2026, it is expected that there will be two markets in Honeywell common stock on Nasdaq:  a “regular-way” market under Honeywell’s current ticker symbol “HON”, in which Honeywell shares will trade with the right to receive shares of Honeywell Aerospace common stock on the Distribution Date, and an “ex distribution” market under the ticker symbol “HONIV”, in which Honeywell shares will trade without the right to receive shares of Honeywell Aerospace common stock on the Distribution Date.

As previously announced, a 1-for-2 reverse stock split of Honeywell Technologies common stock will immediately follow the spin-off along with a proportionate reduction in the Company’s number of authorized shares of common stock, subject to and contingent on the completion of the Honeywell Aerospace spin-off.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.

Additional Information

Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.  Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward-Looking Statements

Certain statements in this release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future.  They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control.  They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements.  We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law.  Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term.  In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved.  Some of the important factors that could cause Honeywell’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to:  (i) the ability of Honeywell to effect the spin-off transaction described above and to meet the conditions related thereto; (ii) the possibility that the spin-off transaction will not be completed within the anticipated time period or at all; (iii) the possibility that the spin-off transaction will not achieve its intended benefits; (iv) the impact of the spin-off transaction on Honeywell’s businesses and the risk that the spin-off transaction may be more difficult, time-consuming or costly than expected, including the impact on Honeywell’s resources, systems, procedures and controls, diversion of management’s attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (vi) the uncertainty of the expected financial performance of Honeywell or Honeywell Aerospace following completion of the spin-off transaction; (vii) negative effects of the announcement or pendency of the spin-off transaction on the market price of Honeywell’s securities and/or on the financial performance of Honeywell; (viii) the ability to achieve anticipated capital structures in connection with the spin-off transaction, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; (x) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; and (xi) the possibility that the reverse stock split and authorized share reduction will not be completed within the anticipated time period or at all, including due to a failure of the spin-off transaction to occur.  These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC.  Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Honeywell Contacts:

Media

Investor Relations

Stacey Jones

Mark Macaluso

(980) 378-6258

(704) 627-6118

Stacey.Jones@honeywell.com

Mark.Macaluso@honeywell.com

Honeywell Aerospace Contacts:

Media

Investor Relations

Brian Grace

Sean Meakim

(602) 897-0205

(704) 627-6200

Brian.Grace@HoneywellAerospace.us

Sean.Meakim@HoneywellAerospace.us

 

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