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HONEYWELL AND SAMSUNG ELECTRONICS ANNOUNCE AZ-20 REFRIGERANT SUPPLY AGREEMENT
13 November 2002 - Honeywell Specialty Materials Europe

Global air-conditioning industry continues to migrate to Honeywell's patented replacement for ozone-depleting R-22 in new air conditioners.

Honeywell Fluorine Products, Europe has finalised a four-year agreement to support Samsung in the continued conversion of its air-conditioning equipment to AZ-20, Honeywell's patented replacement for ozone-depleting R-22 in new air conditioners. In addition to supplying refrigerant for charging and servicing equipment, Honeywell will provide support in system research and development, manufacturing plant conversion and service-technician training.

According to SooChul Shim, Director of Research and Development for Air-Conditioning Products at Samsung's plant in Suwon, Korea, 'Honeywell's R&D support will be an important element of our continued product development efforts and we expect to save development and commercialisation time as a result of their experience.'

A key reason cited for the selection of Honeywell for this effort was Honeywell's experience in supporting the conversion of other major equipment manufacturers in Asia and North America, and the proprietary tools and services that Honeywell offered as a result. Additional reasons cited included Honeywell's cost-effective supply position and Honeywell's patents on the refrigerant that will allow Samsung to distribute air-conditioners charged with AZ-20 (R-410A) to customers and markets around the world.

According to Rich Preziotti, Vice President and General Manager of Fluorine Products at Honeywell, 'The global phase-out of ozone-depleting refrigerants is continuing at an accelerated pace and Honeywell is at the forefront of this trend by both developing new refrigerants solutions and by investing in new manufacturing capacity to meet the needs of consumers and businesses.' James W. Bova, Asia Commercial Director for Fluorine Products added 'Asia is both a growing market unto itself and is a major source of air conditioning equipment for export to Europe, the Middle East and other parts of the world. We're very excited that Samsung Electronics has selected AZ-20 as their refrigerant, and we are looking forward to working with them to help increase awareness of the environmental and technical benefits of this product.'

Honeywell (then known as AlliedSignal) developed and patented its AZ-20 refrigerant as a long-term alternative to ozone-depleting R-22 in the early 1990's and the chemical was later assigned the generic name R-410A by ASHRAE.

A non-ozone depleting refrigerant, AZ-20 offers thermodynamic properties that allow it to be more energy-efficient than most other replacement refrigerants.

Honeywell broke ground on an additional manufacturing facility in 2001 to support the global conversion of air-conditioning manufacturers to non-ozone depleting refrigerants, and expects to commence production at this facility in Louisiana, United States, prior to the 2003 cooling season.

Samsung Electronics is one of the largest manufacturers of room air conditioners in the world with facilities in Korea and China and is among the world's leading brands of electronics and appliances worldwide.

http://www.honeywellrefrigerants.com

About: Honeywell Specialty Materials Europe
Honeywell International is a $23 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, NJ, Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit www.honeywell.com

Honeywell Specialty Materials, based in Morristown, NJ, is a global leader in providing customers with high-performance specialty materials, including fluorocarbons, specialty films and additives, advanced fibres and composites, customised research chemicals, and electronic materials and chemicals.


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  • For November 2002
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