20 May 2010 15:22 [Source: ICIS news]
TORONTO (ICIS news)--Honeywell and DuPont have entered into a joint venture to produce a new refrigerant for use in automotive air conditioning systems, the two companies said on Thursday.
The companies agreed to share financial and technological resources with the intent to jointly design, construct and operate a worldscale manufacturing facility for the new refrigerant, known as HFO-1234yf, they said.
Honeywell and DuPont had jointly developed the new refrigerant, which had a significantly lower “global warming potential” than the currently used product, hydrofluorocarbon HFC-134a, they said.
"The new refrigerant enables the automotive industry to reduce the environmental footprint of vehicles at significantly lower cost than alternatives," said Gary Spitzer, president of DuPont's chemicals and fluoroproducts business.
The new product would comply with an EU directive that required all new vehicles to use a refrigerant with a global warming potential below 150, starting in 2011. The Honeywell/DuPont refrigerant had a global warming potential of 4, which is 97% less than required under the EU rule, they said.
Demand for the new refrigerant was expected to be strong. Currently, there were more than 400m cars with air conditioning systems on the roads globally, with each system using between one-half and 1kg of refrigerant, the companies said, citing industry statistics.
They did not disclose capacity details, the plant’s location or financial terms.
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