On February 12, 2014, Honeywell announced that it had signed a purchase agreement with Asahi Glass Co., Ltd. in Japan to expand the market supply of new automotive refrigerant HFO-1234yf. Japan Asahi Glass Co., Ltd. will produce HFO-1234yf in Japan, and Honeywell will sell the product in the United States, Europe and Asia. According to the agreement, Japan Asahi Glass Co., Ltd. will start production in mid-2015.
It is reported that the global automotive warming potential (GWP) of the new automotive refrigerant HFO-1234yf is less than 1, which is 99.9% lower than the HFC-134a, which is currently widely used, and even lower than the GWP of carbon dioxide refrigerant. At present, some automakers have adopted HFO-1234yf to meet the European Union's MAC requirements. This directive requires that all new cars that are listed on the European market after January 1, 2013 must have a GWP of less than 150. Refrigerant. It is reported that Honeywell just announced in January this year that it will bring its major suppliers to invest US$300 million in HFO-1234yf's production capacity, including the establishment of a new plant for production of refrigerants at Honeywell’s existing Gasmax base. The plant will adopt a new production process and will be fully operational in 2016. Nearly 500,000 vehicles are currently using HFO-1234yf safely. It is expected that by the end of 2014, this number is expected to exceed 2 million vehicles.
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