On October 15, Honeywell’s Ken Guyer vice president and general manager of Honeywell Fluorine Products said in an event sponsored by the White House concerning the prevention of global greenhouse warming that it concluded a long-term supply agreement for the Solstice products with 17 companies for the past one year.
　
The high‐level government officials and industrial people who attended the event reported and announced the current progress of the reduction target of greenhouse gases so that they could realize the action plans responding to the climate change promoted by President Obama.

In this event, Honeywell introduced Solstice of HFO gas to be replaced with HFC which should be reduced. Vice president Guyer commented that we can reduce 475 million tons (CO2 conversion) of greenhouse gas by 2025 in case that HFC is replaced with Honeywell’s Solstice.” This figure is said to be equal to the amount of CO2 which a hundred million vehicles will emit for a period of one year. Apart from this, he also unveiled that the production centers of the Solstice products was opened at 2 locations in Baton Rouge, Louisiana during the past one year. One of the two is a plant of HFO1234ze which can be used as an aerosol propellant or a working medium for binary power generation.

As for the Solstice products, Honeywell is now implementing the investment program amounting to USD900 million in total. It has already completed the investment in an amount equivalent to USD500 million. The remaining USD400 million is planned to put into R&D and production facilities.