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Leading Insulation Company To Use Honeywell's Low-Global-Warming-Potential Blowing Agent

Honeywell Solstice® Liquid Blowing Agent will help Kingspan meet current and future energy and environmental regulations

LONDON, U.K., May 19, 2014 Honeywell (NYSE: HON) announced today that Kingspan Insulation, a leading European manufacturer of rigid insulation products, has adopted Honeywell's next-generation, low-global-warming Solstice® Liquid Blowing Agent (LBA) for use in certain high- and premium-performance insulation panels.

According to Kingspan, Solstice LBA will enable production of insulation panels used in homes and commercial applications that are thinner and have lower-global-warming impact, with superior insulation performance.
"Using Solstice LBA will allow us to reduce the thickness of our products by 10 percent while keeping their superior insulation performance," said John Garbutt, divisional marketing director for Kingspan Insulation.
Foam blowing agents used in insulation boards allow insulating foam to expand and provide the majority of their insulating properties. Solstice LBA has a global warming potential (GWP) of 1, which is 99.9 percent lower than previous-generation hydrofluorocarbon (HFC) blowing agents while providing the same or better insulating performance.

"Honeywell is committed to developing technologies that help our customers produce energy-efficient materials that have improved environmental performance," said Paul Sanders, managing director for Honeywell Fluorine Products in Europe, Middle East, Africa and India. "We are delighted to help Kingspan introduce a new class of insulation boards that benefits from our expertise in developing products with enhanced performance and reduced environmental impact."

Insulation performance is measured by lambda value. The lower the value, the better the insulating properties of the product. Solstice LBA has the potential to provide a reduced lambda value of as low as 18mW/mK in Kingspan's insulation products. This reduced lambda value reflects a thinner product, which is a key benefit for end users, especially in buildings and rooms where space is at a premium.

Solstice LBA is being adopted by manufacturers of insulation materials around the world that are looking to reduce their environmental footprint and comply with environmental and energy efficiency regulations. Solstice LBA is nonflammable and is not a volatile organic compound. It is approved by the U.S. Environmental Protection Agency under the Significant New Alternatives Policy (SNAP) Program and is REACH registered in Europe. Honeywell is currently providing commercial quantities to customers, and is building world-scale production capacity for Solstice LBA that is expected to come online in the second quarter of 2014.

Blowing agents from Honeywell can be used in a wide range of applications, including household refrigerators and freezers, commercial refrigeration equipment, insulated architectural panels, spray foam insulation and refrigerated shipping containers.

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

Solstice 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.

Kingspan Insulation is a market-leading manufacturer of premium and high-performance rigid insulation products and insulated systems for building fabric and building services applications. Kingspan Insulation is a Division of Kingspan Group plc, one of Europe's fastest-growing building materials manufacturers.

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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