Honeywell Solstice Propellant Receives NMPA Registration for China New Cosmetic Raw Materials

SHANGHAI,Dec. 14,2021 -- Honeywell (Nasdaq: HON) today announced Solstice Propellant,a solution based on breakthrough next-generation hydrofluoroolefin (HFO) technology,completed registration for new cosmetic raw materials by China's National Medical Products Administration (NMPA). It is expected to be officially included in the list of China Cosmetics Raw Material Catalogue after passing monitoring period.

The completion of this registration marks the official application of Honeywell's innovative products and technologies in China's personal care industry,promoting sustainable development of the industry through safer and more eco-friendly products.

NMPA has begun to implement the Measures for the Registration of New Raw Material for Cosmetics to standardize and guide the registration of new cosmetic raw materials since May 1st,2021. Raw materials that are registered,as well as imported personal care products containing registered raw materials,can be sold in China.The completion of this registration means cosmetics companies in China can purchase and apply Honeywell Solstice Propellant for production and sales of personal care products. Meanwhile,Solstice Enhance,also based on next-generation HFO technology,is expected to complete the NMPA registration soon.

"It is our pleasure to see Solstice Propellant completed NMPA registration as new cosmetic raw materials. This is a significant development for Honeywell to officially enter the personal care industry in China." Tom Liu,vice president and general manager,Honeywell Advanced Materials Asia Pacific said. "As more clients in China adopt higher standards in environmental protection and cost-effectiveness,we will actively cooperate with local partners to assist China's personal care industry in achieving sustainable development."

Based on requirements of the Kigali Amendment,which took effect in China on Sept. 15,2021,and in response to China's goals to achieve carbon neutrality by 2060,Chinese personal care companies have begun to formulate goals to achieve sustainable development,and are looking for both practical and reliable alternative solutions that help reduce carbon footprint and HFC emissions in phases.

The completion of NMPA registration of Honeywell Solstice Propellant and Solstice Enhance will make them ultra-low global warming potential alternatives to HFC-134a,HFC-152a and other hydrofluorocarbons,effectively allowing companies to reduce their carbon footprint.

Honeywell Solstice Propellant and Solstice Enhance provide safe and environmental-friendly solutions for personal care aerosol products for different purposes. Both materials are non-combustible materials (ASTM E-681) that help reducing environmental impact. The global warming potential (GWP) of two materials are less than or equal to 1,not depleting ozone. The two materials are both listed as non-volatile organic compound (VOC) exempt materials by United States Environmental Protection Agency.

Honeywell Solstice Propellant combines performance advantages of HFCs,with advantages in reducing environmental impact. Applying Solstice Propellant can reduce switching costs for customers. Due to its low requirements for existing filling equipments,it can even be used on existing equipment without any renovation.

Honeywell Solstice Enhance provides formulate designers possibilities to develop innovative personal care products. As a solvent or carrier fluid,it has unique advantages such as excellent cooling and foaming properties. It is possible to dissolve various personal care materials,also change surface wetting and diffusion properties.

Honeywell Solstice Propellant is widely used in a variety of aerosol applications,including personal care products,pressure dusters,lubricants and cleaners,party strings,insecticides and freezer sprays. Honeywell's family of Solstice-branded products also includesstationary,commercial refrigeration and mobile refrigerants;liquid and gaseous blowing agents;and solvents—all based on Honeywell's HFO technology that helps customers lower their carbon footprint without sacrificing end-product performance.

Honeywell and its suppliers have completed a billion dollar investment programin research and development and new capacity based on Honeywell's hydrofluorolefin technology. Worldwide adoption of Solstice products has avoided potential release of more than 250 million metric tons of carbon dioxide into the atmosphere,equal to eliminating the potential emissions from more than 52 million cars per year.

Honeywellrecently committed to achieve carbon neutrality in its operations and facilities by 2035. This commitmentbuilds on the company's track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About half of Honeywell's new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft,buildings,manufacturing plants,supply chains,and workers become more connected to make our world smarter,safer,and more sustainable. For more news and information on Honeywell,please visit www.honeywell.com/newsroom.