Honeywell's Trading Volume Drops 31.24% to $507 Million Ranking 155th in Market

On June 6, 2025, Honeywell (HON) saw a trading volume of $507 million, a 31.24% decrease from the previous day, ranking 155th in the day's stock market. Honeywell's stock price increased by 0.93%.

Honeywell has announced a collaboration with Evertis, a leading producer of film for packaging, to use Aclar® film in Evertis' Evercare pharmaceutical brand. This partnership aims to ensure the secure packaging of life-saving medications while promoting recyclable solutions. Aclar film, a medical-grade material, is used for both rigid and flexible packaging, providing superior moisture barrier properties that enhance drug stability and extend shelf life. Its unique production methods also facilitate easy separation and recycling.

Evertis will integrate Aclar films into its medical-grade polyethylene terephthalate (PET) packaging materials, optimizing manufacturing processes and reducing production costs. This collaboration is expected to provide new packaging options for the pharmaceutical industry, meeting sustainability goals while maintaining high-quality standards. The new PET products are anticipated to hit the market in 2025.

Honeywell's Advanced Materials business is set to be renamed Solstice Advanced Materials following a tax-free spin-off to shareholders, expected by early 2026. The new company, based in Morris Plains, New Jersey, will focus on chemicals and materials, offering leading technologies in refrigerants, liquid blowing agents, medical and pharmaceutical packaging, and semiconductor components. This strategic move is part of Honeywell's broader initiative to enhance its sustainability and decarbonization efforts, aligning with the company's mission to promote safe and effective packaging solutions for life-saving drugs.