Company to contribute technologies to help lower energy usage and increase safety and security
SHANGHAI, Nov. 25 /PRNewswire-Asia/ -- Honeywell (NYSE: HON) today announced a sponsorship commitment worth US$625,000 to the USA National Pavilion at World Expo 2010 in Shanghai.
The sponsorship includes Honeywell products and solutions, such as advanced building automation and digital public address systems, that will support the "Better City, Better Life" theme of the World Expo 2010.
"Honeywell's technology portfolio matches the Expo's theme well," said Shane Tedjarati, President and CEO of Honeywell China and India. "Honeywell is a global leader in energy efficiency, environmental protection, and safety and security. We are excited to demonstrate to China and the 70 million visitors expected to attend the Expo in Shanghai that Honeywell technologies are helping to build a better world."
"We heartily welcome Honeywell's contributions to the USA Pavilion," said Ellen Eliasoph, USA Pavilion Co-Founder, "The systems they are contributing will help make our national pavilion a more energy-efficient, sustainable building, which is not just in keeping with the themes of our Pavilion but with the overall themes of the Expo. We are honored that Honeywell has chosen to work with us and 'plant their flag' at the USA National Pavilion."
"I am delighted to echo Secretary Hillary Clinton in welcoming Honeywell as a sponsor of the USA National Pavilion at next year's World Expo in Shanghai," said Consul General Beatrice Camp, "The Shanghai Expo offers leading American companies such as Honeywell an opportunity to demonstrate their environmental leadership to the 70 million visitors expected to attend from China and around the globe."
One of the technologies contributed will be Honeywell Web-Enabling Building Solutions (WEBS) that optimizes energy consumption, create a secured and safe environment. In addition, Honeywell will help manage its project, contribute design ideas and provide onsite maintenance to the 6,000-square meter USA National Pavilion that will have many environmental features.
Honeywell is the global leader in energy efficiency and environmental protection. About 50 percent of Honeywell's products can improve energy efficiency. Worldwide, Honeywell has completed more than 5,000 energy efficiency projects that saved US$3 billion in energy and operating costs globally. If the U.S. and Europe were to aggressively use existing Honeywell technologies, they could reduce the current level of energy consumption by between 15 and 20 percent.
Honeywell International ( http://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; automotive products; turbochargers; and specialty 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 http://www.honeywellnow.com .
