Morris Township, New Jersey -- Honeywell has signed a multi-year supply agreement with Chinese appliance manufacturer Hisense Kelon for its Enovate blowing agent. The companies did not release financial details of the deal.
Guangdong Province, China-based Hisense Kelon plans to use the blowing agent to create energy efficient polyurethane foam, which it can then use to insulate its refrigerator and freezer cabinets and doors, boosting energy efficiency.
"Our new agreement with Hisense Kelon marks the first time that Enovate will be used in refrigerators made in China," said Ken Gayer, global business director for Honeywell's foam insulation blowing agents business, in a 27 Sept statement.
"It also demonstrates our commitment and ability to help the world's leading appliance makers stay ahead of demanding environmental and energy standards," he added.
This is the second major deal that Honeywell has signed within the past couple of months. Whirlpool extended its long-term supply agreement with the company in August.
Enovate expands rigid PU foam and provides it with key performance characteristics. It helps meet strict energy-consumption standards without increasing wall thickness, which would reduce storage capacity or require a larger exterior cabinet design, Honeywell said. (ss)"