* Builds on Honeywell’s innovation leadership and long-term commitment to continue to deliver sustainable, energy-efficient solutions with proprietary hydrofluoroolefin (HFO) technology
* Honeywell continues investment in HFO production to ensure global supply needs are met
Honeywell (NASDAQ: HON) and Navin Fluorine International Limited (NSE: NAVINFLUOR), part of the Padmanabh Mafatlal Group, today announced a partnership to manufacture Honeywell’s proprietary Solstice range of hydrofluoroolefins (HFO) in India. Production is scheduled to commence by Q2-2022 at NFIL’s manufacturing facility in Gujarat.
This portfolio of next generation products has no ozone depletion potential and a global warming potential (GWP) of 1, thereby helping customers lower their carbon footprint without sacrificing end-product performance. These products have various applications, including in blowing agents for foam insulation and refrigeration liquid for chillers.
“Many countries have pledged to be carbon neutral and promote technologies to help them meet their sustainability goals. This partnership enables these countries – including developing countries – to transition to HFOs from the more harmful hydrofluorocarbon (HFC) and hydrochlorofluorocarbon (HCFC) alternatives that are currently prevalent,” said Laura Reinhard, VP-GM, Advanced Materials FIP, Honeywell.
“This partnership between Honeywell and Navin Fluorine reflects our confidence in the capabilities of Navin Fluorine to execute such complex, technical projects. We believe this project will be a good start to a long-term partnership between the two companies. We also hope to work with Navin Fluorine to develop a number of new, local applications for the Indian market,” she added.
The demand for low-GWP solutions continues to grow. Multiple global regulations stemming from the Kigali Amendment to the Montreal Protocol require the phasedown of HFCs, driving the demand for more sustainable solutions. Honeywell has already invested more than a billion dollars in research, development and new capacity for its Solstice technology, having anticipated the need for lower-GWP solutions to combat climate change more than a decade ago.
Honeywell’s partnership with Navin Fluorine will enable capacity expansion for its Solstice range to cater to the growing global demand for environmentally friendlier solutions.
Radhesh Welling, Managing Director, Navin Fluorine International Limited, said, “As the country’s leading producer of specialty fluorochemicals, we are pleased to partner with Honeywell for production of Honeywell’s industry-first HFOs at our Dahej facility. This will be a truly Make-in-India product that will serve global customers. We will also work together to develop new applications for Indian market. We strongly believe this project will help us further strengthen our partnership with Honeywell to do bigger and better things together in future.”
Honeywell recently committed to achieve carbon neutrality in its operations and facilities by 2035. This commitment builds on the company’s track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About half of Honeywell’s new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, visit www.honeywell.com/newsroom.
About Navin Fluorine International Limited
Navin Fluorine International Ltd (NFIL) is one of the largest and the most respected Indian manufacturers of speciality fluorochemicals. It belongs to the Padmanabh Mafatlal Group – one of India’s oldest industrial houses. Established in 1967, NFIL operates one of the largest integrated fluorochemicals complexes in India with manufacturing locations at Surat and Dahej in Western India and Dewas in Central India. NFIL’s R&D centre, Navin Research Innovation Center (NRIC), is located at Surat, India. NFIL has five strategic business units: High Performance Products, Refrigeration Gases, Inorganic Fluorides, Speciality Fluorides, and Contract Research and Manufacturing Services (CRAMS). NFIL is ISO 9001 certified for quality, ISO 14001 certified for environment management, and OHSAS-18001 accreditation for safety management. To learn more, visit https://www.nfil.in/