This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Midea To Adopt Honeywell's Next-Generation Insulating Materials In Energy-Efficient Refrigerators

MORRIS TOWNSHIP, N.J., Nov. 6, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that Midea, a leading Chinese appliance manufacturer, will adopt Honeywell's next-generation Solstice™ Liquid Blowing Agent (LBA) to insulate Midea refrigerators and freezers.

Use of the lower-global-warming potential blowing agent will allow Midea to meet current and future energy efficiency and environmental regulations. Blowing agents are integral materials for energy efficient closed-cell foam used to insulate refrigerators.

"Honeywell is committed to developing technologies that help our customers produce energy-efficient appliances that are great for consumers and better for the environment," said Sanjeev Rastogi, business director for Honeywell Fluorine Products. "We are delighted to help Midea manufacture products that benefit from our expertise in developing and supplying high-performance, energy-efficient, and low-environmental-impact solutions."

Midea is currently transitioning from the use of a cyclopentane, a hydrocarbon blowing agent, to blends of cyclopentane and Enovate ® 245fa, Honeywell's current generation blowing agent, to improve the energy efficiency of its appliances. Subject to the terms of a pending final agreement between the two companies, Midea will continue to increase its use of Enovate 245a, but will also adopt Solstice LBA beginning in 2014 to insulate refrigerators and freezers to be manufactured in China.

"Midea is committed being a leader in the manufacture of energy-efficient appliances," said Eric Wang, president of Midea's refrigerator and freezer division. "Midea's planned use of Enovate 245fa and Solstice LBA will provide them with the lowest-cost route to meet current and future energy standards."

Blowing agents from Honeywell allow closed-cell polyurethane foam insulation to expand, and provide the majority of the foam's excellent insulating properties. These blowing agents can be used in a wide range of applications, including spray foam insulation, insulated architectural panels, and refrigerated shipping containers.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,105.54 -1.16 -0.01%
S&P 500 1,997.20 -2.82 -0.14%
NASDAQ 4,564.5120 -6.1250 -0.13%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs