On June 19, 2019, the world's largest HO-1234yf production facility assisted the company Opteon ™ YF's production capacity has increased threefold.
Corpus Christi, Texas, June 19, 2019/PRNewswire/--ChemoursCompany（Chemours(NASDAQ stock code: CC) is a multinational chemical company that holds a leading market position in the fields of fluorine products, titanium dioxide technology, and chemical solutions. Today, the company held a new Opteon event near Corpus Christi, Ingleside, Texas ™ The official completion ceremony of production facilities.
This 0 million production facility helps Chemours produce Opteon ™ The ability has increased threefold; Opteon ™ YF is a refrigerant based on hydrofluoroalkene (HFO), widely used in millions of cars and thousands of retail stores worldwide. When used for automotive air conditioning, Opteon ™ YF's Global Warming Potential (GWP) is 99.9% lower than the traditional refrigerants it replaces, which not only helps reduce greenhouse gas emissions but also takes a significant step towards meeting global warming regulations.
Since 1972, Chemours and its predecessors have been manufacturing refrigerants at Coastal Bend. Including the completion ceremony of the new Opteon today ™ YF production facility, which started production in February this year, currently employs approximately 250 employees and 100 contractors.
Mark Vergnano, President and CEO of Chemours, said, "This is a historic moment for our young company, and we are delighted to be able to enhance Opteon ™ Production capacity to meet the current and future needs of customers. We are committed to bringing game changing and sustainable solutions to the market, including Opteon ™ included; Meanwhile, we are proud to manufacture this industry-leading refrigerant in the United States, allowing us to create new job opportunities for local communities. "
In recent years, the European Union, the United States, and Japan have proposed stricter environmental standards for mobile air conditioning, commercial refrigeration, as well as residential and commercial air conditioning. Due to the introduction of these new regulations and changes in consumer preferences, there is a growing demand in the market for high-performance, more environmentally friendly sustainable refrigerants and mixtures. Opteon ™ Refrigerants have zero ozone depletion potential (ODP) and ultra-low GWP.
The refrigerant produced by Chemours near Corpus Christi will be delivered to a rapidly growing global customer base. Recently, several global companies have chosen to invest in Opteon ™ The product is used for residential and commercial air conditioning applications, including Carrier, Carrier Transicold (Europe), Mitsubishi Electric Circulating Heating and IT Cooling System SpA (MEHITS), Johnson Controls, and E-Mart, the largest chain supermarket in South Korea, which sell pipeline residential and light commercial packaged air conditioning products in North America.
In the mobile air conditioning market, it is expected that the number of cars using HFO-1234yf will increase to 145 million by the end of 2020. Chemours estimates that by the end of 2020, using technologies like Opteon ™ Replacing traditional refrigerants with HFO technology like YF will reduce 113 million tons of carbon dioxide emissions, which is equivalent to reducing the usage of approximately 24 million cars per year.
According to Chemours's estimation, by 2025, its low global warming potential product line can reduce approximately 325 million tons of carbon dioxide equivalent globally.
Earlier this month, Opteon ™ Compared with traditional refrigerants, the improvements made in the environment have been widely recognized, and Chemours has also developed Opteon ™ And was awarded the Sustainability Leadership Award by the American Chemical Council.
Paul Kirsch, President of Chemours Fluoride Products Business, said, "At Chemours, we take pride in pursuing business opportunities and helping the company succeed; at the same time, our products contribute to creating a more sustainable world ™ The production capacity needs to strive for excellence— We are committed to providing sustainable solutions for our customers, enabling them to adapt to constantly changing government regulations and consumer preferences. "
