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HONEYWELL SOLSTICE™ PROPELLANT IS NOT A VOC, EPA ANNOUNCES

HONEYWELL SOLSTICE™ PROPELLANT IS NOT A VOC, EPA ANNOUNCES EPA determination excludes Honeywell Solstice™ Propellant from list of volatile organic compounds, allowing aerosol formulators more optionsMORRISTOWN, N.J., 22 June 2012 -- Honeywell (NYSE: HON) today announced that the U.S. Environmental Protection Agency (EPA) has added Solstice™ Propellant (HFO-1234ze) to the list of compounds excluded from the definition of Volatile Organic Compounds (VOCs). The EPA based its decision on the propellant's low photochemical reactivity and negligible contribution to the generation of tropospheric ozone. The classification will help aerosol formulators develop products that meet federal VOC regulations, adding another key environmental benefit to the product's very low global warming potential. "The EPA's decision means that there is no longer an environmental trade-off required when selecting propellants. In the past, formulators had to choose between flammable propellants like hydrocarbons and dimethyl ether, which have low global warming potentials (GWPs) but are VOCs, or a nonflammable propellant, like HFC-134a, which is not a VOC but has a higher GWP," said Terrence Hahn, vice president and general manager of Honeywell Fluorine Products. "Now Honeywell's Solstice Propellant combines two highly desirable properties low GWP and non-VOC along with non-flammability, for a triple win for the environment."Honeywell's non-flammable, non-ozone depleting Solstice Propellant has a global warming potential of 6. It is an alternative to HFC-134a and HFC-152a, two propellants in common use today, which have GWPs of 1,430 and 124, respectively, as well as the flammable hydrocarbon propellants. Solstice Propellant can be used in various aerosol applications including personal and household care products, dusters, warning systems, industrial cleaners, novelty aerosol products and others. Tropospheric, or ground level, ozone is an irritant and a major component of photochemical smog. VOCs are organic compounds that break down quickly in the lower atmosphere and participate in chemical reactions that ultimately create tropospheric ozone. In addition to Solstice Propellant, Honeywell's family of Solstice-branded products includes stationary and mobile refrigerants, liquid and gaseous blowing agents, 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 non-ozone-depleting refrigerants used by top air-conditioning and refrigeration makers worldwide, and blowing agents for energy-efficient foam insulation.For more information, please visit www.honeywell-solstice-propellants.comHoneywell 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.