Honeywell Receives U.S. EPA Acceptance for New Low-Global-Warming Blowing Agent for Foam, Aerosols

MORRIS TOWNSHIP, N.J., Jan. 31, 2011 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that its new low-global-warming-potential product HFO-1234ze has been accepted for use in foam and aerosol applications by the U.S. Environmental Protection Agency.

The new product, hydrofluoroolefin HFO-1234ze, is non-flammable, non-ozone depleting and has a global warming potential (GWP) of 6. HFO-1234ze can replace HFC-134a (with a GWP of 1,430) and HFC-152a (with a GWP of 142) in aerosol applications, extruded polystyrene board, rigid polyurethane foam, and one- and two-component insulating and sealant foam.

"End consumers, the environment and our customers all benefit from the U.S. EPA's acceptance of this low-global-warming-potential fluorocarbon," said Terrence Hahn, vice president for Honeywell's Fluorine Products business. "Honeywell continues to lead the way in introducing solutions to ensure energy efficiency and enhance environmental compliance across numerous applications."

Earlier in 2010, Honeywell launched another low-GWP product, HFO-1234yf, for use in automobile air conditioners.

Fluorocarbon technology benefits society through superior energy efficiency performance in cooling and insulating applications. By reducing fuel consumption, fluorocarbons directly reduce greenhouse gas emissions from heating, cooling and electrical power generation, and are cost-effective for the end user compared with fluorocarbon alternatives.

In addition, fluorocarbons are mostly nonflammable and have a low order of toxicity, which makes them significantly safer in use than alternatives such as hydrocarbons and ammonia that are either extremely flammable or highly toxic.

Honeywell has pioneered the development of hydrofluoroolefins (HFOs), which are a family of unique products that offer similar performance properties to today's most widely used refrigerants, blowing agents and aerosol propellants, but with the added benefit of having very low global warming potentials. HFO-1234ze is currently used in Europe and Japan in a variety of foam and aerosol applications.

For more information about Honeywell's low-GWP products, visit www.abettercool.com.

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.

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 release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

SOURCE Honeywell