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Honeywell's New Low-Global-Warming-Potential Liquid Blowing Agent Approved By U.S. Environmental Protection Agency For Foam Insulation Application

Solstice™ Liquid Blowing Agent Provides Energy Efficient Solution


News provided by

Honeywell

Aug 14, 2012, 12:00 ET

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MORRIS TOWNSHIP, N.J., Aug. 14, 2012 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that its new low-global-warming-potential (LGWP) blowing agent for foam insulation has received final approval from the U.S. Environmental Protection Agency.

The approval allows the company's new Solstice™ Liquid Blowing Agent (LBA) to be used in foam insulation in refrigerators, spray foam insulation for residential and commercial buildings, insulated metal panels and other applications in the U.S. The EPA granted the approval under its Significant New Alternatives Policy (SNAP) program.

"No other material identified or discovered to date offers the comprehensive range of advantages – from energy efficient performance and ultra low-global-warming-potential to cost-effectiveness and safety – than this new product offering does," said Sanjeev Rastogi, business director, structural enclosures for Honeywell Fluorine Products. "We are looking forward to working with appliance manufacturers and builders who are seeking to improve their energy efficiency and environmental performance through the use of this new chemistry."

Solstice LBA has a global-warming-potential (GWP) of less than five, significantly lower than hydrofluorocarbon (HFC) blowing agents. Blowing agents allow closed-cell foam insulation to expand, and provides the majority of the foam's excellent insulating properties.

Solstice LBA provides a pathway for industries to become more sustainable, but also remain energy efficient and cost-effective. Several industries and sectors are already driving and implementing sustainable solutions. For example, just last month, the Association of Home Appliance Manufacturers (AHAM) released the first voluntary sustainability standard for home appliances. In the United Kingdom, Japan, and many other countries, regulations are already in place encouraging the use of LGWP, energy efficient blowing agents in spray foam and construction.

In addition to Solstice LBA, Honeywell's family of Solstice-branded products includes stationary and mobile refrigerants, gaseous blowing agents, propellants and solvents based on Honeywell's new hydrofluoro-olefin technology that helps customers lower their carbon footprint without sacrificing end-product performance.

The products have been developed and are being commercialized by Honeywell's Fluorine Products business, a leader in the manufacture and supply of zero ozone-depleting refrigerants used by top air-conditioning and refrigeration makers worldwide, and blowing agents for energy-efficient foam insulation.

Honeywell Performance Materials and Technologies is a global leader in developing and manufacturing advanced materials and process technologies. These materials and technologies are used by people every day in a wide range of industries and applications, from petroleum refining to environmentally friendlier refrigerants to bullet-resistant vests. Our advanced materials are critical in the manufacture of products ranging from nylon to computer chips to pharmaceutical packaging. Process technologies developed by our UOP business form the foundation for most of the world's refiners, efficiently producing gasoline, diesel, jet fuel and petrochemicals. UOP is now pioneering technology to produce real fuels from renewable energy sources.

Honeywell (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; turbochargers; and performance 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

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