 |
News Releases
|
|
|
Honeywell Announces its New Solvent for Industrial Aerosol Formulations:
Genesolv® ST
| MORRIS TOWNSHIP, New Jersey, April 1st, 2003 - Honeywell's Chemicals
Division is announcing the launch of Genesolv® ST, the newest product in the
Genesolv® S Series of solvents. |
| "Genesolv® ST is the perfect extension of our existing Genesolv® S
product line", states Guillermo Hitters, Program Leader for the
commercialization of the Genesolv® S Series. "Our new product exhibits
better solvency than Genesolv® SF and S-TZ, our other two products, without
compromising the product's inherent plastics compatibility or
non-flammability," continues Hitters. |
| The new product's launch comes as the result of a yearlong negotiation
between Honywell and Techspray. The two parties have come to an arrangement
that permits Honeywell to commercialize non-azeotropic blends of its HFC-245fa
with the Trans 1,2 dichoroethylene solvent. |
| Techspray has also recently launched a new series of electronics cleaning
aerosols under the G3 Brandname which are formulated with Genesolv® SF
(HFC-245fa). |
| Honeywell's Genesolv® S Series of products act as replacements for the
former Genesolv® 2000 Series of solvents, which are based on HCFC-141b.
Production of HCFC-141b in the US was phased out at the end of 2002.
Applications for the Genesolv® S Series of solvents include electronics
cleaning, air conditioning and refrigeration system flushing, general aerosol
solvents, and a variety of other specialty solvent uses. |
| Honeywell is a US$24-billion diversified technology and manufacturing
leader, serving customers worldwide with aerospace products and services;
control technologies for buildings, homes and industry; automotive products;
specialty chemicals; fibers; plastics; and electronic and advanced materials.
Honeywell employs approximately 115,000 people in 95 countries and is traded on
the New York Stock Exchange under the symbol HON, as well as on the London,
Chicago and Pacific stock exchanges. It is one of the 30 stocks that make up
the Dow Jones Industrial Average and is also a component of the Standard &
Poor's 500 Index. Additional information on the company is available on the
Internet at www.honeywell.com. |
| This release contains forward-looking statements as defined in Section 21E
of the Securities Exchange Act of 1934, including statements about future
business operations, financial performance and market conditions. Such
forward-looking statements involve risks and uncertainties inherent in business
forecasts as further described in our filings under the Securities Exchange
Act. |
|
|
|  | |
| | |
