The year 2022 that has just passed is a year of great harvest for Honeywell's China business. Honeywell has carried out in-depth cooperation with many Chinese partners to promote the sustainable development and digital transformation of the industry, and contribute to China's "dual carbon" goals and high-quality development.
In the past year, we have worked with many Chinese partners to promote the implementation of more and more innovative technologies and mature solutions, use the power of science and technology to promote the optimization and upgrading of the industrial structure, empower the 'dual carbon' goal and help more and more Chinese customers achieve the sustainable development goals." In the future, Honeywell will continue to leverage its technological advantages in digitalization and sustainability, deepen the development strategy of 'East for East', and work with all partners to contribute to China's high-quality development."
Contribute to the "dual carbon" goal and work together to empower sustainable development
With the advancement of China's "dual carbon" goals, energy transition and the application of low-carbon technologies have become a common trend for all industries to achieve sustainable development.
Honeywell has more than 100 years of experience in sustainability, and approximately 60% of all new product development is driven by improving the environmental and social performance of our customers. As a practitioner, promoter and enabler of sustainable development, Honeywell worked with many Chinese partners in 2022 to promote the implementation of sustainable solutions and help more customers achieve low-carbon transformation.
In the field of energy transition, Honeywell has joined hands with Zhejiang Jiaao Environmental Protection Technology Co., Ltd. and other customers to build sustainable aviation fuel (SAF) production bases, expand domestic sustainable aviation fuel production capacity, and promote carbon emission reduction in the aviation industry through innovative technologies.
In the area of circular economy, Honeywell helped China Tianying Co., Ltd. build China's first plastic recycling plant using Honeywell's UpCycle process.
In the field of new energy vehicles, Honeywell provides ultra-low global warming potential HFO-1234yf refrigerant to customers such as Volvo Cars and NIO in China, providing a more low-carbon driving environment for Chinese car owners.
In the biopharmaceutical sector, Sinopharm Shanghai Biopharma Co., Ltd., a subsidiary of Sinopharm, has adopted Honeywell's low-GWP, energy-efficient refrigerant Solstice® N40 (R-448A), in its vaccine cold storage expansion project in Shanghai to store a variety of vaccines for use in the Shanghai area, including COVID-19 vaccines.
In the aerospace field, as an important supplier and partner of COMAC, Honeywell provided four sets of advanced technical solutions and comprehensive supporting services for the C919. These solutions will improve aircraft safety, reliability, environmental performance and operational efficiency, providing a safe, economical, comfortable and environmentally friendly flight experience for customers, pilots and passengers of the C919 aircraft.
Embrace industrial transformation and help the digital transformation of the industry
In addition, with the vigorous development of the digital economy, the traditional manufacturing industry has ushered in a new round of industrial transformation. Honeywell's mature solutions and software platforms help drive the digital transformation of industries.
In the field of smart buildings, Honeywell and Tencent Cloud Computing (Beijing) Co., Ltd. have jointly created the "Honeywell-Tencent Cloud Weiling Smart Space Joint Solution" to promote the intelligent development and digital upgrading and transformation of the construction industry.
In the field of new energy, Honeywell and SVOLT Energy Technology Co., Ltd. have reached strategic cooperation twice to help build a lighthouse factory in the lithium battery industry and empower the intelligent transformation of the new energy industry.
In the field of intelligent manufacturing, Honeywell's lean digital one-stop solution for Hunan Zoomlion Intelligent Technology Co., Ltd., a subsidiary of Zoomlion Group, was successfully launched, helping to realize the digital transformation of enterprises.
These examples are just a snapshot of Honeywell's many collaborations in sustainability and digitalization in 2022. With its contributions in related fields, Honeywell has won many awards, such as the "Carbon Neutral Solution Award" at the 2022 International Green and Zero Carbon Festival, the "2022 ESG Practice Model Award" at the 12th Charity Festival, the Outstanding Case of Green and Low-Carbon Development of Foreign-invested Enterprises in Shanghai, the "2022 Digital Transformation Driving Force Award" at the 11th China Finance Summit, and the Gold Award at the 18th International Internet of Things Exhibition.
Honeywell's core business aligns with the needs of the Chinese market, and the company remains committed to working with its Chinese partners to drive sustainable development and digital transformation across a wide range of industries. Looking ahead, Honeywell will continue to take root in the Chinese market and achieve high-quality development with Chinese customers and partners through continuous R&D and innovation.
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