December 5, 2011 - Honeywell announced an expansion of its Iraqi investment with the opening of a full-service office in Basra. Honeywell’s second office to open in Iraq since 2010 will further strengthen the company’s commitment to its customers and partners. Honeywell will use its new office to deliver automation and control solutions, equipment and services. The new facility will also support the company’s training and sales capabilities throughout the country. Iraq’s hydrocarbon industry is undergoing significant change and growth in the midst of re-construction.
Honeywell technology is instrumental in providing the Iraqi Ministry of Oil and entities with optimal control of its production, efficiency and profitability. “Iraq is on track to become a leading supplier of oil to the world within the next decade. To do this, the country and its workforce require significant private enterprise investment,” said Chris Spear, vice president for New Growth Countries, Honeywell Process Solutions. “Honeywell is fully committed to playing a role in Iraq’s reconstruction and development efforts, providing best-in-class technology as well as training the Iraqi oil and gas industry and workforce.” Honeywell announced the launch of operations and support in Iraq with the opening of its office in Baghdad in October of 2010.
Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry.
