Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Honeywell Powers New Cooling System At Eiffel Tower

  • Honeywell International Inc's (NASDAQ:HON) ultra low-global-warming-potential (GWP) refrigerant technology supports a new cooling system at the Eiffel Tower.
  • The installation uses Honeywell's Solstice ze (R-1234ze) refrigerant, providing the tower's west pillar with an energy-efficient and cost-effective solution that reduces greenhouse gas emissions.
  • The cooling system introduced by Honeywell, ALM Froid, and AF Energy provides a blend of sustainability, safety, energy efficiency, durability, and low maintenance.
  • Honeywell has invested $1 billion in research, development, and new capacity for the technology, having anticipated the need for lower-GWP solutions to combat climate change more than a decade ago.
  • Price Action: HON shares closed higher by 2.34% at $215.75 on Friday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.