Honeywell (NYSE: HON) announced yesterday that Chinese authorities have penalized two Chinese companies who fraudulently manufactured and sold counterfeit refrigerants under the Honeywell Genetron® brand name for the Chinese market. News released by Honeywell Refrigerants reported that the companies, Changzhi Co. and Yingpeng Co., were ordered by a Chinese court in Shanghai to pay $52,000… Read more »