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Environmental
Joint Venture
Started 2011

Honeywell + Sinochem Lantian

Analysis

Honeywell and Sinochem Lantian announced a joint venture in 2011 to make foam-blowing agents in Taicang, Jiangsu. The original announcement described the venture as a 50/50 company serving insulation applications in appliances, construction and transportation, and positioned the project around non-ozone-depleting alternatives for polyurethane foam. [1]

The Taicang site subsequently became a production base for Honeywell's Enovate HFC-245fa and later Solstice low-global-warming-potential materials. Honeywell's product literature says a world-scale China Solstice blowing-agent facility started in March 2019 and produces HFO-1233zd(E), also called liquid blowing agent, through the China joint venture. [2]

Honeywell China reported in April 2025 that Sinochem Lantian Honeywell New Materials Co., Ltd. had been recognized as a 2024 Jiangsu green factory. The company said the factory's products serve cold-chain equipment, supermarkets, buildings and automotive air conditioning, are exported to Japan, South Korea, the United States and Europe, and are supported by material-recovery measures that recover more than 500 tonnes annually. [3]

The partnership's current corporate context requires a naming qualification. Honeywell says its Advanced Materials business spun off as the independent publicly traded Solstice Advanced Materials on October 30, 2025, so the historical Honeywell-Sinochem venture now sits within a business lineage that includes Solstice-branded materials as well as the original Honeywell partner. The public sources used here do not disclose a newer equity split or current plant financials, but they do document the venture's formation, product transition, export reach and environmental-manufacturing direction. [4] [3]

Participants

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US Partner's Profile

Honeywell

Charlotte, North Carolina · 2 records in this database

Honeywell’s corporate history traces the automation lineage to Albert Butz’s 1885 furnace regulator and to Mark Honeywell’s formation of Honeywell Heating Specialty Co. in 1906. [1] The two heating businesses merged in 1927 as Minneapolis-Honeywell Regulator Co., which then expanded into industrial controls and indicators. [1] In 1999, AlliedSignal acquired Honeywell and retained the Honeywell name, bringing together interests in aerospace, chemicals, automotive parts, and building controls. [1]

The portfolio later became more focused through a series of separations. Honeywell’s history records the 2018 spin-offs of its homes business into Resideo and its transportation business into Garrett Motion, followed by the 2019 launch of Honeywell Forge, an enterprise-performance-management software platform. [1] Honeywell’s 2025 Form 10-K states that the Advanced Materials business was spun off as the independent, publicly traded Solstice Advanced Materials on October 30, 2025. [2]

On June 29, 2026, Honeywell Technologies announced that it had completed the spin-off of its Aerospace Technologies business, which now operates as Honeywell Aerospace; Honeywell Technologies continued trading on Nasdaq under HON, while Honeywell Aerospace began trading under HONA. [3] The remaining Honeywell Technologies business is organized around Building Automation, Process Automation and Technology, and Industrial Automation. [4] Its products, software, solutions, and services are aimed at buildings, refineries, mines, plants, power grids, data centers, hospitals, warehouses, and other industrial environments. [4] The present entity is therefore a focused automation company carrying the Honeywell brand and legacy after the 2025 materials and 2026 aerospace separations. [1] [3]

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Chinese Partner's Profile

Sinochem Lantian

Hangzhou, Zhejiang · 1 record in this database

Sinochem Lantian Co., Ltd. is a member enterprise of Sinochem Holdings Corporation Ltd. and describes itself as a fluorine-chemicals company integrating scientific research, industrial operations, production and marketing. Its current English site says its products reach more than 50 countries and regions, and reports 35 professional research laboratories, more than 500 scientific-research personnel, more than 90 industry standards formulated as a leader, and more than 1,400 cumulative patent applications. The company lists its address at Sinochem Building on Jiangnan Avenue in Hangzhou. [1]

The current portfolio is organized around four areas. Fluorocarbon chemicals include refrigerants, foaming agents, fire-extinguishing agents and aerosols; electrolyte materials include electrolytes, lithium hexafluorophosphate and electrolyte additives; fluoropolymers include PVDF and PVF; and fluorinated special chemicals include difluoride, trifluoride and hexafluoride products as well as medical and pesticide intermediates. This mix connects Lantian’s traditional fluorochemical base with battery materials and polymer applications. [1]

Sinochem’s official fluorine-chemical profile describes a value chain spanning fluorspar and anhydrous hydrogen fluoride resources, R&D, production and marketing, and identifies Sinochem Lantian as a leading Chinese fluorine-chemical R&D and production enterprise. The profile also says Lantian hosts the National Key Laboratory for Fluorine-containing Greenhouse Gas Substitute, Control and Processing, built China’s first relative-method GWP testing installation and independently developed more than 40 ozone-depleting-substance substitutes. These are company-group claims describing its research and industrial role, not an independent market ranking. [2]

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