Press Release
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Honeywell Sells Novel Low-Global-Warming Blowing Agent To European
Customers
Product used in energy-saving foam to seal around windows and doors, as well
as in foam adhesives and aerosols, meets EU global warming regulatory
requirements
MORRIS TOWNSHIP, N.J., Oct. 7, 2008 – Honeywell (NYSE: HON) announced
today it has begun selling its low-global-warming blowing agent for
one-component foam and aerosol applications in Europe. Honeywell launched the
product and received clearance from the European Union to import limited
commercial quantities last year.
The new blowing agent, hydrofluoroolefin HFO-1234ze, has zero ozone-depletion
potential and meets EU regulatory requirements for reducing the use of high
global-warming-potential (GWP) substances. This fourth-generation technology
from Honeywell is a direct replacement for hydrofluorocarbon R-134a in
one-component foam and aerosol applications.
The product enables one-component foam to expand in order to seal gaps and
crevices around windows and doors which can help home and building owners save
energy.
“We are pleased to provide an environmentally superior and energy-efficient
solution for foam and aerosol manufacturers,” said Rene Mueller, managing
director of Fluorine Products in Europe, the Middle East, Africa and India. “We
are committed to helping our customers meet current and potential regulatory
requirements.”
“Any replacement material must maintain or improve energy efficiency and be a
less potent greenhouse gas,” said Ian Shankland, technology leader for
Honeywell’s low-GWP initiative. “Our next-generation blowing agent meets these
criteria while offering similar performance properties as its
predecessor.”
According to industry estimates, there were more than 200 million cans of
one-component foam sold throughout Europe in 2007. One-component foam is easily
dispensed from a can and requires no mixing.
The blowing agent also serves as a propellant for aerosols, which are used in a
wide range of applications including warning systems and marine navigation.
Honeywell’s new HFO-1234ze was recently used in the air horns at the Union of
European Football Associations tournament, Euro 2008.
Honeywell is a recognized, leading innovator in high-performance blowing agent
technology for closed-cell foam insulation and advanced energy-efficiency
refrigerants for heating, ventilation and air conditioning, as well as other
heat transfer fluid applications. Honeywell has consistently helped
manufacturers replace ozone-depleting and global warming substances, improving
the energy efficiency of stationary air conditioning systems. Honeywell has
ongoing research and development efforts to develop environmentally superior
solutions for customers around the world.
Honeywell is a pioneer in developing hydrofluoroolefin (HFO) technology, which
is the next generation, low-GWP product for blowing agent, propellant and
refrigerant applications. Honeywell is currently partnering with the global
automobile industry to launch a low-GWP refrigerant solution to replace
R-134a.
For more information about Honeywell’s low-GWP blowing agent, visit http://www51.honeywell.com/sm/lgwp-uk.
Honeywell Specialty Materials, based in Morristown, N.J., is a $4.9 billion,
global leader in providing customers with high-performance specialty materials,
including fluorine products; specialty films and additives; advanced fibers and
composites; intermediates; specialty chemicals; electronic materials and
chemicals; and technologies and materials for petroleum refining.
Honeywell International is a $38 billion 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. For additional information, please visit www.honeywell.com.
This report contains “forward-looking statements” within the meaning of Section
21E of the Securities Exchange Act of 1934. All statements, other than
statements of fact, that address activities, events or developments that we or
our management intend, expect, project, believe or anticipate will or may occur
in the future are forward-looking statements. Forward-looking statements are
based on management’s assumptions and assessments in light of past experience
and trends, current conditions, expected future developments and other relevant
factors. They are not guarantees of future performance, and actual results,
developments and business decisions may differ from those envisaged by our
forward-looking statements. Our forward-looking statements are also subject to
risks and uncertainties, which can affect our performance in both the near- and
long-term. We identify the principal risks and uncertainties that affect our
performance in our Form 10-K and other filings with the Securities and Exchange
Commission.
Media Contacts:
Nina Krauss
+1 973-455-4253
nina.krauss@honeywell.com
Sabine Chmielewski
+49 (0) 5137-999-9411
sabine.chmielewski@.honeywell.com
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