SolsticeTM LGWP Impact, High Efficiency Blowing Agents

Commercialization Update

BKK, Jun 2013

Agenda

• Honeywell Low-GWP Product Portfolio

• SolsticeTM LBA Commercialization Updates

- Safety, Environmental Property & Energy Efficiency

- Commercial Trials: Appliance, Spray & Panel

- Commercialization Progress

- Global Registration Status

2

- Global Registration Status

- Supply Availability

• SolsticeTM GBA Commercialization Updates

- Safety, Environmental Property & Insulation Performance

- Commercialization Progress

- Global Registration Status

- Supply Availability

Low Global Warming Options from Honeywell

HONEYWELL OPTIONS

ApplicationsLow Global Warming

ProductsGWP100

Foams

SolsticeTM LBA <5

SolsticeTM GBA <6

SolsticeTM L-41 <500

3

Refrigerants

SolsticeTM L-41 <500

SolsticeTM L-40 200-300

Solvents SolsticeTM Performance Fluid <5

Aerosols SolsticeTM Propellant <6

Low GWP Solutions for Foam, Refrigerant, Solvent, Aerosols

Sustainable Solutions for Foam Applications

Solstice™LBA

GWP <5Non-ODP

VOC-Exempt*Non-Flammable

Solstice™GBA

GWP <6Non-ODP

VOC-Exempt*Non-Flammable

Refrigerator / Freezer

Insulated Metal Panels

Extruded Polystyrene

4

Solstice™ LBA and GBA: Sustainable Solutions for Foam Applications

Non-Flammable Non-Flammable

Replaces:245fa, 365mfc,

141b, HC

Replaces:22, 142b, HC,141b, 134a

Spray Foam

One Component Foam

* US EPA VOC Exemption

SolsticeTM Liquid Blowing Agent

Global Commercialization Updates for PU Foam

< 5

1,430

1,030

725

<25

Safe for Users and the Environment

SolsticeTM

LBA134a245fa141bCP

Lifetime (yrs)

VeryShort-lived

Low GlobalWarming

0.1

13.0

7.69.3

Global Warming

Potential (GWP)

SolsticeTM

LBA134a245fa141bCP

6

LBA

• Cyclopentane

• 365mfc

FLAMMABLE NOT FLAMMABLE

• 141b

• 245fa

• 134a

• SolsticeTM LBA

• Cyclopentane

VOC NOT VOC

• 141b

• 245fa

• 134a

• 365mfc

• SolsticeTM LBA*

LBA

Higher Cost/RiskPermitting Issue

Higher Cost

Superior Safety and Environmental Performance

*VOC Exemption pending EPA approval

SolsticeTM LBA – More Energy Efficient

• In refrigerator trials, SolsticeTM

LBA saves costs:

– 10-12% more efficient than

cyclopentane

– 2% more efficient than 245fa

• Results proven with major

OEMs in US, China, Japan,

% Energy Efficiency Change of

Refrigerator1

Baseline(245fa)

2%

Solstice™Liquid Blowing Agent

7

OEMs in US, China, Japan, Korea, Europe, M. East , Japan

• Similar performance for spray and other PU foams – trials

conducted in global

1) Commercial refrigerator trials; unoptimized formulation of

Solstice LBA; Cyclopentane vs. 245fa from AHAM trials

8-10%

Hydrocarbon(Cyclopentane)

Lowest Cost Option for Meeting Stringent Efficiency Standards

SolsticeTM LBA Versus 141b in Spray Foam

Initial Thermal Conductivity (Lambda)

19.0

19.2

19.4

19.6

19.8

20.0

La

mb

da

, m

W/m

K

• SolsticeTM LBA saves

costs:

– 2-4% more energy

efficient than 245fa

– Improved blowing

efficiency

– Wider application

window

Lower is

Better

8

SolsticeTM LBA Shows Superior Performance to 141b and 245fa

18.0

18.2

18.4

18.6

18.8

19.0

141b 245fa Solstice LBA

La

mb

da

, m

W/m

K

window

– Initial results show

better yields and

improved

compressive

strengths

18

19

20

21

22

23

5 10 15 20 25 30

K-f

acto

r, m

W/m

. K

Mean Temp. °C

141B

LBA

Cyclopentane

Thermal conductivity

SolsticeTM LBA Trials for Refrigerated Container

9

0

50

100

150

200

250

300

141B LBA Cyclopentane

Co

mp

ressio

n,

KP

a

// ┴ ┴

Compressive Strength

No Sacrifice of Performance When Phase-out 141b

Global Evaluation of SolsticeTM LBA Underway

JapanIndia

UK

EUUSA

Canada

TurkeyS. Korea

10

Home Appliance

Globally Programs and Successful Trials for Multiple Applications

Japan

China

Philippines

India

DubaiSouth

America

Spray Foam Insulated Panel

N. Zealand

Commercialization Progress

• Appliance:- Whirlpool North America adoption starting in 2013

- Numerous successful trials with OEMs globally

• Spray Foam:- Commercial systems available in Japan; successful trials in

Philippines

- US System Houses commercializing foam systems

11

- US System Houses commercializing foam systems

- Foam meets current code requirements

- Engaging more system house and industry association globally

• Panel:- Successful trials in Europe and the US

- Successful trials in refrigerated containers in China

Multiple Applications Being Developed Globally

Global Registration Status

• US EPA approval for commercial sales (PMN and SNAP)- On SNAP list as suitable alternative to ozone depleting substances

• Japan: On inventory, no restriction on commercial sales

• S. Korea: On inventory, can be sold commercially

• Australia / New Zealand: Registration process underway

• China: - Commercial sales permitted to 10MT

12

- Commercial sales permitted to 10MT

- Level 4 notification filed in May 2013

• EU:- Commercial sales permitted to 10MT

- REACH >1,000 MT application will be filed 2013

Broad Regulatory Approvals being Secured

Supply Availability

• 2013 Availability: Semi-Commercial supply- Global trials

- Initial commercialization in Spray and Appliance

• 2014 Availability: Commercial quantities available beginning in Q2

13

• 2015 and Beyond- Built additional capacity globally as demand grows

- Locations to be determined by regional demands

Commercialization on Track

SolsticeTM Gas Blowing Agent

Global Commercialization Updates for XPS

Safe for Users and the Environment

GWP (100 year horizon)

<615140

1,430

1

134a 152a SoslticeTMCO2

Low Global

Warming

Iso-butane

15

Offers Best Balance of Environmental Performance & Safety

GBA

• Iso-butane

• 152a

Flammability POCP

FLAMMABLE NOT FLAMMABLE

• CO2

• 134a

• SolsticeTM GBA

• Iso-butane

High POCP Low POCP

• CO2

• 134a

• 152a

• SolsticeTM GBA

butane

Thermal Insulation Foam Performance

XPS Long Term Insulation Lambda Performance

mW

m-1

K-1

~29~31

34-38

~27 - 29

20

30

40

• Production scale extrusion , Solstice GBA demonstrates:

– ‘Good’ foamed XPS planks: thermally and mechanically

– Lambda (Insulation): 20-25% improvement to CO2 and similar to HCFC-142b & HFC-134a

Comments

LOWER IS MORE ENERGY EFFICIENT

16

λ∗

,m

W

0

10

20

HFC 134a HFC 152a CO2 HFO 1234ze

– Capability to extrude thick foam, unlike CO2

– Capability to extrude low density foam

– Compressive strength similar to HFC-134a

– Dimensional stability similar to HFC-134a

* As per EN 13164 Annex C

20-25% Better Insulation Performance Than CO2 Blown XPS

SolsticeTM

GBA

Jackon Adopting Solstice GBA since 2011

Jackodur Pλus XPS boards

•Lambda of 27* mW/m-K for building

construction applications

•Lambda of 25* mw/m-K for industrial

fabrication applications (e.g. truck

17

Jackodur Pλus Boards Commercially Available Since 2011

bodies, mobile-home elements)

•GWP < 6

Solstice GBA Registration Status

European Union• REACH –Solstice GBA: Registered under REACH (article 24) to

1000+ tones

Japan• Registration complete

18

United States• Pre-Manufacture Notification (PMN): Complete

- TSCA Inventory Listing

• SNAP (Significant New Alternatives Policy) Application: Complete

- On SNAP list as suitable alternative to ozone depleting substances

Solstice GBA is Notified for Importation into EU & Japan / Commercial in US

Supply Availability

• 2013 Availability: Supply from Semi-Commercial pilot plant- Tripled production capacity

- Commercial volumes already being supplied to customers in EU, US, Japan for XPS, aerosol applications

• 2014 and Beyond-

19

- New plant being built in Louisiana USA, to be commissioned in 2014

- Plant will supply commercial volumes of 1234ze globally

Commercialization on Track

Summary

• Honeywell has high performance, sustainable solutions for multiple foam applications

- SolsticeTM Liquid Blowing Agent

- SolsticeTM Gas Blowing Agent

• Both have strong environmental properties

- Ultra-low GWP, non-ODP, VOC-exempt, non-flammable

• Both are commercially available today

20

- Today: Large “semi-commercial” plants

- Early 2014: World class, large scale plants

• Both are registered globally

- Solstice LBA, current registrations: US, Japan, Canada, Mexico, Brazil, S. Korea, others

- Solstice LBA, registrations in Process: EU, China, Australia, Philippines, New Zealand

- Solstice GBA: Registered in US, EU, Canada, Japan, China, Australia and S. Korea

Solutions Exist Today to Meet Higher Energy Standards While Improving Environmental Sustainability

www.honeywell.com

21

www.honeywell.com

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Although all statements and information contained herein are believed to be accurate and reliable, they are presented without guarantee or warranty of any kind,

expressed or implied. Information provided herein does not relieve the user from the responsibility of carrying out its own tests and experiments, and the user

assumes all risks and liability for use of the information and results obtained. Statements or suggestions concerning the use of materials and processes are made

without representation or warranty that any such use is free of patent infringement and are not recommendations to infringe on any patents. The user should not

assume that all toxicity data and safety measures are indicated herein or that other measures may not be required.