The spinoff will enable Honeywell to focus on accelerating organic growth, evolving its Accelerator operating system, and optimizing its portfolio, the press release said.
Actrol’s integration of Honeywell’s Solstice technology aligns with Australia’s commitment to reduce carbon emissions from high-GWP refrigerants by 85% before 2036.
The integration of Honeywell’s Solstice refrigerant into Hisense units comes amidst the recent increase in legislative mandates across the country to reduce the use of high-GWP HFCs in response to the growing global emphasis on addressing climate change.
Bosch’s newest line of heat pumps will incorporate Honeywell’s Solstice low-GWP refrigerant, and Bosch technicians will be trained in the safe maintenance and installation of the next-generation low-GWP solutions.
The acquisition, which includes both hardware and software solutions, further supports Honeywell’s recently announced plans to align its portfolio with three megatrends: automation, the future of aviation, and the energy transition.
The initiative will also support Honeywell Energy Solutions Group’s existing multi-phase Energy Savings Performance Contract (ESPC) program with Boston as part of the Renew Boston Trust program to help achieve energy and carbon reductions in city-owned historic buildings.
Cochrane Supply & Engineering has been distributing Honeywell products since Cochrane was founded. Co-founder Don Cochrane Sr. got his start with Honeywell.
With an initial focus on five projects in various locations worldwide, Honeywell and Arcadis will jointly offer a range of end-to-end solutions to help clients and customers expedite progress toward their carbon-reduction goals.
Office workers across five markets have increased expectations when it comes to their building’s IAQ and carbon footprint and reported the responsibility falls directly on their employer or building manager.