Honeywell's Low-global-warming Solvent Approved By U.S. Environmental Protection Agency
New Solstice™ Performance Fluid Provides Safe and Effective Precision Cleaning
MORRIS TOWNSHIP, N.J., May 30, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that its new low-global-warming-potential solvent for precision cleaning of metal and electronics components has received final approval from the U.S. Environmental Protection Agency.
The approval allows the company's new Solstice™ Performance Fluid (PF) to be used in precision cleaning applications such as metal cleaning, electronic components and others, as well as a carrier solvent for adhesives, coatings and inks in the U.S. The EPA granted the approval under its Significant New Alternatives Policy (SNAP) program.
"Solstice Performance Fluid, also known as Solstice™ PF, is the most technologically advanced precision solvent on the market today," said Pamela Schechter, business director, Industrial Products for Honeywell Fluorine Products. "With a global warming potential of less than 5, it meets today's regulations and potentially surpasses those to come. It is an outstanding option for industries seeking to replace HCFC-225, a widely-used cleaning solvent with a global warming potential of 370, which will be banned from use in the U.S. after 2014. We look forward to working with the aerospace, electronics, and other industries to demonstrate the cleaning power and environmental performance of Solstice PF."
HCFC-225, also known as AK-225, is a hydrochlorofluorocarbon, which are ozone-depleting substances being phased out globally under the terms of the Montreal Protocol.
Solstice PF exhibits excellent solvency for a wide variety of solutes including hydrocarbon oils, silicone oils and greases, fluorinated oils, mineral oils, solder fluxes, hydraulic fluids, and others. Solstice PF's versatility allows it to be used in vapor degreasing, immersion cleaning or as a spray cleaner. Other potential applications include medical device cleaning, plastic parts cleaning, and oxygen and process line flushing.
Honeywell's family of Solstice-branded products includes stationary and mobile refrigerants, gaseous blowing agents, solvents, 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 refrigerants used by top air-conditioning and refrigeration makers worldwide; blowing agents for energy-efficient foam insulation; and hydrofluoric acid and precursors for nuclear fuel.
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. 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.
SOURCE Honeywell
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