3 Questions for Honeywell

FOR IMMEDIATE RELEASE
November 11, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296

3 Questions for Honeywell  

New York, NY -  United Against Nuclear Iran (UANI) on Wednesday wrote to Honeywell and asked three specific questions regarding its business in Iran.  Honeywell conducts extensive business in Iran's security technology and petroleum sectors, two sectors that are a focus of CISADA, the recent sanctions legislation that was signed into law in July.  In correspondence with UANI in August, Honeywell asserted that it "fully intends to comply with the certification requirement when it has been finalized and put into effect."  On September 29, 2010, the Federal Acquisition Regulations implementing the certification requirement of CISADA were published on schedule in the Federal Register.  

In a letter to Honeywell CEO David Cote, UANI President Ambassador Mark Wallace called on Honeywell to clarify its business in Iran:

Please let us hear from you by November 19, 2010 and please provide us with:

1.      A full and transparent description of all of your business interests in Iran;

2.      A full and transparent description of Honeywell's intentions regarding that business including any plans to end immediately its business relationships in Iran;

3.      A definitive and clear commitment from Honeywell that you will conduct no future business in Iran as long as Iran pursues an illegal nuclear weapon and is subject to domestic and international sanctions

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In Honeywell's August 2^nd reply, you noted that, "Honeywell fully intends to comply with the certification requirement when it has been finalized and put into effect."  As you may be aware, the Federal Acquisition Regulations implementing the certification requirement were indeed published on schedule in the Federal Register on September 29, 2010. 

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In light of Honeywell's and Honeywell's subsidiaries involvement in Iran's security technology and petroleum sectors, two sectors that are a focus of CISADA, UANI inquires about what, if any, formal decisions have been made regarding your business operations and investments in Iran.  Specifically, what steps Honeywell is taking with regard to existing investments and current business activity, as well as future activities in Iran. 

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Providing a definitive clarification on Honeywell UOP's involvement and plans in the Arak refinery upgrade, as well as other ongoing business activities in Iran, would go a long way to restoring Honeywell's image as a responsible corporation. 

It should not be lost upon any American that Honeywell has received close to $13 billion in contracts from the U.S. government since 2005, while at the same time Honeywell conducts business in Iran that undermines U.S. security interests. 

Simply put, regardless of when contracts were signed, companies that are working in Tehran in key strategic sectors should not also be winning billions of dollars in contracts from the U.S. government paid for by American citizens.

UANI has been at the forefront of the campaign to pressure companies to end their business in Iran.  UANI maintains on its website the Iran Business Registry (IBR), a list of companies that have been reported to do business in Iran.  On January 12, 2010, UANI launched the "Iran Disclosure Project," an initiative to identify publicly-traded companies that have business dealings in Iran and ensure that such companies adequately inform investors of the legal and financial peril associated with such dealings.  Through the Iran Disclosure Project, UANI has called on such companies as Royal Dutch Shell, Caterpillar, Ingersoll Rand, KPMG, and Honeywell to disclose the full extent of their business in Iran.  

Click here to read the full text of the letter.
Click here to call on Honeywell to end its business in Iran.

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