MORRIS TOWNSHIP, N.J., April 10, 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 solvent, Solstice® Performance Fluid (PF), 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.
Solvents like Solstice PF clean oils, greases and other substances from metal and plastic parts. These soils are commonly found in many cleaning applications, including electronics manufacturing and military and aerospace equipment manufacturing and repair.
"Solstice PF meets the cleaning, safety and environmental specifications solvent users look for," said David Cooper, global business director for Honeywell Fluorine Products. "It offers outstanding cleaning performance and, combined with its IPCC-confirmed GWP of 1 and VOC exemption, is a great choice for those seeking a solvent they can use in the long term."
Solstice PF is a cost-effective, safe and environmentally preferable alternative to high-globalwarming-potential hydrofluorocarbon (HFC) and hydrofluoroether (HFE) solvents, and flammable and non-VOC-exempt hydrocarbons. Solstice PF is VOC-exempt and is nonflammable. The solvent is a suitable replacement for HCFC-225ca, which will be prohibited in the U.S. for most uses beginning January 1, 2015. Solstice PF also has an occupational exposure limit (OEL) of 800 parts per million (ppm), compared with 10 ppm for n-propyl bromide (nPB).
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 PF to have a GWP of 1. CO2 is considered the baseline with a GWP also equal to 1.
In addition to Solstice PF, Honeywell's family of Solstice-branded products includes stationary and mobile refrigerants, liquid and gaseous blowing agents and propellants 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 solvents for precision cleaning.
For more information, please visit www.honeywell-solvents.com.
Honeywell Performance Materials and Technologies (PMT) is a global leader in developing advanced materials, process technologies and automation solutions. PMT's Advanced Materials businesses manufacture a wide variety of high-performance products, including environmentally friendlier refrigerants and materials used to manufacture end products such as bullet-resistant armor, nylon, computer chips and pharmaceutical packaging. Process technologies developed by PMT's UOP business (www.uop.com) form the foundation for most of the world's refiners, efficiently producing gasoline, diesel, jet fuel, petrochemicals and renewable fuels. PMT's Process Solutions business (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries.
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. 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.
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