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World's Leading Authority On Climate Change Confirms That Honeywell's New Blowing Agent Has Global Warming Potential Equal To Carbon Dioxide

Intergovernmental Panel on Climate Change report concludes that Solstice® LBA has a global warming potential of 1
MORRIS TOWNSHIP, N.J., February 20, 2014 Honeywell (NYSE: HON) announced today that the Intergovernmental Panel on Climate Change (IPCC), a scientific body established by the United Nations, has confirmed that Honeywell's new low-global-warming blowing agent, Solstice ® Liquid Blowing Agent (LBA), also known as 1233zd, has a global warming potential (GWP) of 1, equal to that of carbon dioxide.The IPCC is the international body that assesses the science related to climate change. Their assessments are widely accepted by governments around the world and provide a basis for those governments to develop climate-related policies.Blowing agents allow closed-cell foam insulation to expand and provide the majority of the foam's excellent insulating properties. They are used by refrigerator manufacturers, spray foam insulation formulators and insulated panel manufacturers to provide superior insulating properties to a variety of end-use products including appliances, roofs and walls."Solstice LBA is quickly being adopted by appliance manufacturers and foam formulators around the world," said Sanjeev Rastogi, global business director for Honeywell Fluorine Products. "Solstice LBA offers outstanding thermal insulation performance and, combined with its IPCC-confirmed GWP of 1, is a great choice for manufacturers looking to improve the environmental and insulating properties of their end products."Solstice LBA is a cost-effective, energy-efficient, safe and environmentally preferable alternative to high-global-warming-potential hydrofluorocarbon (HFC) blowing agents, and flammable and non-VOC-exempt hydrocarbons. Solstice LBA is VOC-exempt and is nonflammable.IPCC has accepted the findings of an independent, peer-reviewed paper, published last year in volume 51 of Reviews of Geophysics by several leading chemists and environmental scientists from Europe and the U.S. That study was the first to calculate the GWPs of fluorocarbon-based molecules using all available atmospheric data, taking into account local atmospheric patterns.The study found Solstice LBA to have a GWP of 1. CO 2 is considered the baseline with a GWP also equal to 1.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 non-ozone-depleting blowing agents for energy-efficient foam insulation.For more information, please visit 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 ( 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 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. 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.###