Honeywell entered into a supply agreement and technology license with an Indian manufacturer to produce Honeywell Solstice® yf, an automobile refrigerant with a global warming potential of less than 1. Honeywell will license its proprietary process technologies to produce the refrigerant to Navin Fluorine International Limited (NFIL), which will manufacture Solstice yf in India exclusively for Honeywell. Small-scale production is expected to begin by the end of 2016.
This agreement is in line with Honeywell’s commitment to meet growing demand through a robust global supply infrastructure. Honeywell and its key suppliers are investing approximately $300 million to increase global production capacity for Solstice yf, including the construction of a new, world-scale manufacturing plant using new process technology at the company’s existing Geismar, La., refrigerants manufacturing site.
“More than 8 million cars on the road today safely use Solstice yf. That number is expected to grow to more than 18 million cars by the end of 2016. This agreement reflects our commitment to delivering the supply chain reliability and security that customers can rely upon as they transition to next-generation products that are safe to use, available today and capable of making a significant positive environmental impact,” said Ken Gayer, vice president and general manager of Honeywell Fluorine Products. “Honeywell’s supply agreement with NFIL, one of India’s largest manufacturers of specialty fluorochemicals, represents a first step in our commercial relationship that will help us to meet growing global demand for Solstice yf.”