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News Releases
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Honeywell Supports New Web Site to Curtail Illegal R-22 Sales in the
U.S.
Allows for reporting of illegal or suspect purchase or sale of the
ozone-depleting refrigerant.
MORRIS TOWNSHIP, N.J., Feb. 18, 2010 - Honeywell (NYSE: HON) announced
its support for a new Web site aimed at curtailing unauthorized sale or
purchase of R-22, a regulated ozone-depleting refrigerant also known as
HCFC-22.
The Web site, Catch-22 Compliance Line, allows users to report suspected sale
or purchase of the refrigerant, providing information so that authorities can
investigate further. Users can report such activity anonymously on the Web site
if they choose. A dedicated domestic toll-free number is also available.
Honeywell has provided financial support for the web site.
"Honeywell is supporting the U.S. Environmental Protection Agency in its
efforts to curb the illegal sale and use of R-22," said David Diggs, global
business director for Honeywell Fluorine Products. "As one of the companies
with authorized EPA allowances to sell this refrigerant, we want to make sure
that the R-22 market is a level playing field for all participants. This Web
site allows people who witness or suspect illegal activity to do the right
thing."
As a party to the Montreal Protocol on Ozone Depleting Substances, the U.S.
must incrementally decrease HCFC consumption and production, culminating in a
complete HCFC phase-out in 2030. The EPA ensures that HCFC consumption in the
U.S. is 75 percent below the 1996 U.S. baseline -- as required under the
Montreal Protocol -- by issuing allowances to producers and importers of HCFCs,
including Honeywell.
Those without allowances who illegally sell or import R-22 in the U.S. are
subject to seizures of the product, large fines and even prison sentences.
Those who buy illegally obtained R-22 can also have it seized and receive
fines.
The Web site can be found at https://www.klexserve.com/catch22/. Those looking to report
known or suspected cases of illegal activity can also call 866-506-6134.
Honeywell Specialty Materials is a 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 and petrochemical production.
Honeywell International (www.honeywell.com) 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. For more news and information on
Honeywell, please visit www.honeywellnow.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.
Contact:
Peter Dalpe
973-455-4908
peter.dalpe@honeywell.com
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