Honeywell inks supply agreement with China's Haishun to meet growth in Mainland's pharma packaging

13-Nov-08

American company, Honeywell has inked a three-year supply agreement with China's Shanghai Haishun Packaging Material Co., Ltd., to provide the Chinese company its Aclar® brand moisture-barrier films for pharmaceutical packaging. The two companies are partnering to fuel steady and rapidly growing demand for pharmaceutical packaging in China-the largest and fastest growing market for pharma packaging in Asia-Pacific, as per IMS Health. Aclar polychlorotrifluoroethylene (PCTFE) fluoropolymer films have excellent moisture barrier and chemical stability properties. Aclar films are crystal clear, biochemically inert, chemical-resistant, nonflammable, and plasticizer- and stabilizer-free. The Aclar supplied to Haishun will be produced at Honeywell's plant in Pottsville, Pa., in the United States. In late 2004, Honeywell Specialty Materials opened its Asia-Pacific Technology Center in Shanghai's Zhangjiang Hi-tech Park to support the demand in China and Asia-Pacific and one of the essential areas of R&D was specialty films.