Trane Technologies Approves Fossil-Free HVO Fuel for Thermo King® Refrigerated Transport Solutions
March 16 2023 - 6:30AM
Business Wire
Successful customer trial demonstrates how
fleets can decarbonize with Hydrotreated Vegetable Oil, which
offers 90% reduction in greenhouse gas emissions
Trane Technologies (NYSE: TT), a global climate innovator, has
approved the use of Hydrotreated Vegetable Oil (HVO) fossil-free
fuel as a sustainable alternative to diesel fuel in Thermo King®
global cold chain solutions, including refrigerated truck and
trailer product lines. The use of HVO fuel offers a 90% reduction
in greenhouse gas emissions and more than 30% in particulate matter
while maintaining optimal product performance. The approval follows
thorough testing including a successful pilot with a national food
distributor.
HVO is a fossil-free, premium quality fuel product made of 100%
renewable raw materials produced by the hydrotreatment of vegetable
oils or animal fats. HVO is typically viewed as superior to regular
biodiesel and does not release any new carbon dioxide into the
atmosphere. It can be used in place of diesel with no modifications
to a Thermo King unit’s engine or changes in its preventative
maintenance schedule.
“We are excited to now extend the option of HVO to our customers
in the Americas who share our passion for creating a more
sustainable world,” said Karin De Bondt, president of Trane
Technologies’ Thermo King Americas business. “Through our advanced
technologies, with efficient, all-electric-units as well as
fossil-free fuels, we are enabling our customers to decarbonize as
we continue to execute our strategic roadmap to net zero.”
HVO has previously been approved for Thermo King truck and
trailer products operating in Europe, Middle East and Africa, and
Asia Pacific. The fuel is also used for unit testing on all
assembly lines and customer units at the company’s manufacturing
facility in Galway, Ireland.
Thermo King has also committed to delivering all-electric,
zero-emission solutions for every segment of the end-to-end cold
chain by 2023 in Europe and 2025 in the Americas. Thermo King’s
strategic roadmap to net zero will help advance Trane Technologies’
2030 Sustainability Commitments. This includes the Gigaton
Challenge to reduce customer greenhouse gas emissions by 1 billion
metric tons.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our
strategic brands Trane® and Thermo King®, and our environmentally
responsible portfolio of products and services, we bring efficient
and sustainable climate solutions to buildings, homes, and
transportation. Learn more at tranetechologies.com.
About Thermo King
Thermo King – by Trane Technologies (NYSE: TT), a global climate
innovator – is a worldwide leader in sustainable transport
temperature control solutions. Thermo King has been providing
transport temperature control solutions for a variety of
applications, including trailers, truck bodies, buses, air,
shipboard containers, and railway cars since 1938. For more
information, visit www.thermoking.com or
www.europe.thermoking.com.
This news release includes “forward-looking statements” which
are statements that are not historical facts, including statements
that relate to our efforts to deliver sustainable transport
temperature control solutions in every segment of the cold chain
and our other sustainability commitments and the impact of these
commitments. These forward-looking statements are based on our
current expectations and are subject to risks and uncertainties,
which may cause actual results to differ materially from our
current expectations. Factors that could cause such differences can
be found in our Form 10-K for the year ended December 31, 2022, as
well as our subsequent reports on Form 10-Q and other SEC filings.
New risks and uncertainties arise from time to time, and it is
impossible for us to predict these events or how they may affect
the Company. We assume no obligation to update these
forward-looking statements.
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Media Contact: Shelby Hansen +1-704-990-3835
Shelby.Hansen@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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