STOCK TITAN

NAPA AUTO PARTS BECOMES THE FIRST MAJOR RETAILER TO CARRY HONEYWELL'S NEW SOLSTICE® YF AUTOMOTIVE REFRIGERANT WITH ULTRAVIOLET LEAK DETECTION DYE

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Honeywell announced the availability of its new Solstice yf UV, a low-global-warming-potential refrigerant with ultraviolet dye for leak detection, at NAPA Auto Parts stores nationwide. This solution aims to enhance customer satisfaction by reducing service times and costs. By 2022, R-1234yf refrigerant will be in nearly 200 million cars globally, expanding service opportunities for automotive shops. Honeywell has invested a billion dollars in developing lower-GWP solutions, demonstrating its commitment to sustainability, with significant reductions in potential greenhouse gas emissions.

Positive
  • Launch of Solstice yf UV enhances leak detection in automotive air conditioning.
  • Expected rise in R-1234yf usage in cars presents growth opportunities for service shops.
  • Honeywell's investment of $1 billion in lower-GWP solutions reflects strong commitment to sustainability.
Negative
  • None.

The new low-global-warming-potential (GWP) solution for automobile air conditioning systems helps reduce servicing time, cost and eliminates call-backs, increasing customer satisfaction

MORRIS PLAINS, N.J., Aug. 22, 2022 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that its new Solstice® yf UV — a low-global-warming-potential (GWP) refrigerant incorporating ultraviolet (UV) dye for leak detection support in automobile air conditioning systems — is now available at all participating NAPA Auto Parts stores across the United States. This is the first time Solstice yf (R-1234yf) refrigerant with UV dye will be available in the aftermarket.

The automotive service industry has traditionally used UV dye as a valuable tool to identify and repair air conditioning system leaks. With UV dye incorporated in Solstice yf, the solution provides precise leak detection, shortened service times, accurate repair verification and eliminates call-backs, increasing customer satisfaction. Solstice yf UV uses the same UV dye that car makers use on assembly lines and will allow service technicians to save time and money when servicing vehicles that were built with R-1234yf. 

By the end of 2022, R-1234yf refrigerant will be used in almost 200 million cars on the road globally and in more than 95% of all new vehicles sold in the United States. By 2025, it is estimated that more than 100 million cars using R-1234yf will be on the roads in the United States, significantly expanding R-1234yf servicing opportunities for automotive shops.  

"At NAPA Auto Parts, we are always looking for opportunities to carry new and innovative tools that help our customers repair vehicles faster and with ease. Honeywell's Solstice yf UV is exactly that type of product, and it has the benefit of being better for the environment," said Mike Pettyjohn, senior category manager for NAPA Auto Parts.

"As the first manufacturer to offer low-GWP R-1234yf with UV dye to the automotive industry, Honeywell is dedicated to supporting our end-user customers in their environmental transformations while helping them reduce costs and improve customer satisfaction scores," said Ken West, president of Honeywell Advanced Materials. "With NAPA Auto Parts as our retail launch partner, we are expanding our reach to support customers across the United States, strengthening our commitment to supplying the automotive aftermarket with ready-now solutions that have lower greenhouse gas emissions without sacrificing product performance."

Honeywell's Solstice yf UV is manufactured in the United States and is commercially available today at participating NAPA Auto Parts stores in 8-ounce cans as well as in 10- and 25-pound cylinders.

Honeywell has invested 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. The product line, which helps customers lower their greenhouse gas emissions and improve energy efficiency without sacrificing end-product performance, includes refrigerants for supermarkets, air conditioning for cars and trucks, blowing agents for insulation, propellants for personal and household care and solvents for cleaning solutions.

Customers utilizing Solstice technology have avoided the potential release of the equivalent of more than 260 million metric tons of carbon dioxide into the atmosphere, equal to eliminating the potential emissions from more than 55 million cars for one year.

Honeywell is committed to achieving carbon neutrality in its operations and facilities by 2035 and recently announced a new set of commitments that further advance its sustainability goals, including a science-based target with the Science Based Targets initiative (SBTi) that includes scope 3 emissions and participation in the U.S. Department of Energy's Better Climate Challenge. The company also supports the Paris Climate Agreement. These efforts build 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 60% of Honeywell's new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.

For more information on Solstice® yf (R-1234yf), its applications, and impact, visit: https://sustainability.honeywell.com/us/en

About Honeywell
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 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, please visit www.honeywell.com/newsroom

About NAPA Auto Parts
Through nearly 6,000 auto parts stores and over 17,000 auto care and collision centers in the U.S., NAPA has America's largest network of parts and care. The NAPA Network is supported by nationwide distribution centers with more than 560,000 available parts, accessories and supplies. Widely recognized for quality parts, rapid availability and knowledgeable people, NAPA Auto Parts stores serve automotive service professionals, do-it-yourselfers and everyday drivers with quality parts, accessories and supplies to keep cars, trucks and equipment performing safely and efficiently. For more information, visit www.napaonline.com.

Media Contact:
Stephanie Agresti
stephanie.agresti@honeywell.com  
973-289-0377

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/napa-auto-parts-becomes-the-first-major-retailer-to-carry-honeywells-new-solstice-yf-automotive-refrigerant-with-ultraviolet-leak-detection-dye-301609651.html

SOURCE Honeywell

FAQ

What is Honeywell's Solstice yf UV refrigerant?

Solstice yf UV is a new low-global-warming-potential refrigerant with ultraviolet dye for leak detection in automobile air conditioning systems.

Where can I buy Honeywell's Solstice yf UV refrigerant?

The Solstice yf UV refrigerant is available at participating NAPA Auto Parts stores across the United States.

How does Solstice yf UV improve automotive service?

It reduces servicing time and costs while enhancing leak detection accuracy, thus increasing customer satisfaction.

What is the expected market impact of R-1234yf refrigerant?

By 2025, over 100 million cars using R-1234yf are expected on U.S. roads, leading to expanded servicing opportunities.

How much has Honeywell invested in sustainability efforts?

Honeywell has invested $1 billion in research, development, and new capacity for its Solstice technology aimed at lowering greenhouse gas emissions.

Honeywell International, Inc.

NASDAQ:HON

HON Rankings

HON Latest News

HON Stock Data

133.07B
649.62M
0.09%
80.58%
1.43%
Conglomerates
Aircraft Engines & Engine Parts
Link
United States of America
CHARLOTTE