November 4, 2011

ASBESTOS UPDATE: Honeywell Has $685MM Sept. 30 NARCO Receivable

COMPANIES: Honeywell International Inc
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Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$685 million as of Sept. 30, 2011 and US$718 million as of Dec. 31, 2010.

The Company owned North American…

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