DuPont Progresses Opteon Roll Out - Analyst Blog
May 01 2013 - 1:20PM
Zacks
DuPont (DD) has announced that it is making
strong progress in commercializing Opteon YF (HFO-1234yf)
refrigerant. It is making commercial shipments of the refrigerant
from its facilities in Japan and China.
DuPont’s Opteon YF is a next-generation refrigerant and a group of
leading automakers confirmed that the product is safe and effective
for use in automotive applications. The product has a 99.7% lower
global warming potential (GWP) than the refrigerant which it has
replaced and the risk of vehicle fire associated with this
refrigerant is very rare.
DuPont considers Opteon YF to be an ideal solution for
automotive air conditioning in terms of safety, performance and
environmental impact. DuPont anticipates that it has enough supply
to meet current customer needs for compliance with the European
Union's Mobile Air Conditioning (MAC) Directive, effective Jan
2013. This regulation is a necessary component in the European
Union's sustainability programs and will have considerable impact
on reducing the environmental footprint of automobiles.
In order to facilitate more adoption of Opteon YF, DuPont is
prepared to invest in additional capacities and has also build a
strong network for distribution of Opteon YF to aftermarket
customers in Europe.
The facility in China maintains the product quality and
production levels and sometimes even exceeds it. The supply target
customers in China, who have already switched to Opteon YF, are
also visiting the facility in China to understand its capabilities
and quality assurance processes.
DuPont is a global chemical and life sciences company and
provides innovative products, materials, and services to the global
market.
DuPont currently retains a Zacks Rank #3 (hold).
Other companies in the chemical industry that are worth
considering include Shin-Etsu Chemical Co., Ltd.
(SHECY), Celanese Corp. (CE) and Methanex
Corp. (MEOH). While Shin-Etsu Chemical retains a Zacks
Rank #1 (Strong Buy), Celanese and Methanex carry a Zacks Rank #2
(Buy).
CELANESE CP-A (CE): Free Stock Analysis Report
DU PONT (EI) DE (DD): Free Stock Analysis Report
METHANEX CORP (MEOH): Free Stock Analysis Report
SHIN-ETSU CHEM (SHECY): Get Free Report
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