US: Honeywell, an American multinational conglomerate that produces a variety of commercial and consumer products, engineering services and aerospace systems, has announced that it plans to increase its production of low global-warming-potential (GWP) materials (i.e. insulation materials, refrigerants, aerosols and solvents).
The company projects that use of its low-GWP hydrofluorocarbon (HFC) replacements will eliminate more than 350Mt in CO2 equivalents by 2025, equivalent to removing 70 million cars from the road for one year. Prior to 2020, Honeywell will drive a 50%/yr reduction in the production of high-GWP HFCs on a CO2 equivalent basis. In addition, Honeywell plans to spend US$900m on research and development and new capacity, mainly in the US, in the coming years to produce next-generation refrigerants, insulation materials, aerosols and solvents. These have global warming potentials at least 99% lower than most technologies used today.
