Honeywell has entered into a supply agreement with Chinese manufacturer, Juhua Group to produce Solstice yf, extending its global supply base for the mobile air conditioning refrigerant.
Under a multi-year deal, Juhua will manufacture Solstice yf in China for Honeywell and the American company will market and sell the product to customers in the US and Europe. Production is expected to begin by the end of 2016.
Go deeper with GlobalData
Solstice yf, also known as HFO-1234yf, is a next-generation hydrofluoro-olefin (HFO) refrigerant with a global warming potential (GWP) of less than 1 – lower than carbon dioxide — that is a near drop-in replacement for R-134a, a hydrofluorocarbon (HFC) with a GWP of 1,300.
“Honeywell’s investments and that of its partners, will ensure customers have a reliable supply of this environmentally preferable technology that is safely cooling more than 8m cars worldwide,” said Honeywell Fluorine Products VP and general manager, Ken Gayer.
“This agreement with Juhua will ensure supply to meet growing global demand as well as to help support future adoption of low-global-warming-potential products in China in response to concerns about increasing global greenhouse gas emissions.”
Honeywell and its suppliers are investing around US$300m to increase global production capacity for Solstice yf, including the construction of a new manufacturing plant using new process technology at the company’s existing Geismar refrigerants manufacturing site.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Solstice yf is also being used in a growing number of stationary air conditioning and commercial refrigeration applications.
The demand for Solstice yf for use in mobile air conditioning is rising due to increased global environmental regulations and policies aimed at reducing the global warming impacts of HFCs.
