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Honeywell International Inc.

Allied Chemical-Ironton Coke Superfund Site Settlement

Date: 03/31/2010 (Date of Announcement)

Misconduct Type: Environment

Enforcement Agency: EPA

Contracting Party: None

Court Type: Civil

Amount: $10,000,000

Disposition: Settlement

Synopsis: Honeywell International entered into a settlement with the federal government to clean up the remaining areas of the Allied Chemical and Ironton Coke Superfund Site in Ironton, Ohio. Under the settlement, Honeywell will be responsible for cleanup and containment of the former tar plant area of the site, where such contaminants as polycyclic aromatic hydrocarbons, benzene, toluene, and naphthalene were released. Honeywell will also pay for all of the government’s response costs relating to the area. The total cost to Honeywell is estimated to be approximately $10 million.