MORRIS TOWNSHIP, N.J., Sept. 12, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that a spray foam roofing system formulated with Solstice™ Liquid Blowing Agent is the first such system to receive a severe hail rating from FM Global, one of the world's largest business insurers, through the insurer's FM Approvals certification program. The roofing system, which was developed by Ohio-based West Development Group, may reduce insurance premiums for building owners.
FM Approvals' hail resistance test evaluates the ability of the roof covering and substrate to resist cracking, puncturing or tearing that can be caused by hail. The official definition of severe hail used by the National Weather Service is hail that measures ¾ inch or greater; however, hail smaller than ¾ inch can still cause damage.
In addition to the severe hail rating, the system met FM Approvals' requirements for wind-uplift, flammability, leaks, foot traffic, and corrosion performance.
"FM Approvals' testing and rating demonstrates that spray foam roofing formulated with Honeywell's Solstice Liquid Blowing Agent is the superior choice for roofing in areas subject to damaging hail storms such as the Midwest and southwest U.S.," said Dick West, president of West Development Group. "We believe spray foam roofing formulated using Solstice Liquid Blowing Agent represents a step change compared with other spray foam roofing systems, which may not withstand the most severe hail storms."The nation's annual average loss from hail damages to property is $852 million, and the average number of hail-related catastrophes is 15 per year, according to the Illinois State Water Survey. Blowing agents allow closed-cell spray foam insulation to expand and provide the majority of the foam's excellent insulating properties. Solstice Liquid Blowing Agent, also known as Solstice LBA, is a next-generation blowing agent with a global warming potential of 1, significantly lower than hydrofluorocarbon (HFC) blowing agents. Solstice LBA is nonflammable, has received EPA approval under the Significant New Alternatives Policy (SNAP) Program and is not a volatile organic compound.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV