INEOS Fluor Americas LLC

INEOS Fluor and Navin Fluorine International Limited have reached agreement on a significant abatement project to reduce annual greenhouse gas emissions by over 2m Tonnes of CO2 (e). It is expected that the technology will be operational by the middle of next year.
The project, will be filed for consideration by the Indian Government tomorrow, before it is submitted to the Executive Board of the of the United Nations Framework Convention for Climate Change (UNFCCC) for inclusion in the Clean Development Mechanism of the Kyoto Protocol.
When completed the Navin CDM project, will prevent the emission of a bi-product (HFC23) from its production of refrigerant (hydrofluorochlorocarbon 22) at Bhestan, Surat, India. By introducing abatement technology the companies will achieve real, verifiable reductions in emissions that it hopes to trade on Emissions Trading Markets around the world. To validate the Project Design Document (PDD) ahead of its submission to the CDM Executive board of UNFCCC, the company has appointed DNV as its Designated Operating Entity (DOE).
“This is a significant project that will lead to measurable reductions in greenhouse gas emissions”, commented Vinesh Sadekar, Managing Director Navin Fluorine International Limited. “The Clean Development Mechanism of the Kyoto Protocol has provided an opportunity for us to invest in reducing Greenhouse Gas emissions and participate in Carbon Emission Trading Markets that will be good for the company and the environment.”

Contact Details: 4990 B ICI Road, Hwy. 75PO Box 30 St. Gabriel Louisiana 70776 United States of America Tel: (225) 642-0094 Fax: (225) 642-8629 Email: kleaUSwebmail@ineosfluor.com WWW: www.ineosfluor.com/

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