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On April 10th,Honeywell (HON:NYSE) announced the first anniversary of its R-410A Certified Vendor Program (CVP),which aims to certify Chinese equipment manufacturers that purchase R-410A refrigerant from licensed suppliers.The program also helps educate buyers,particularly in Europe,about risks associated with equipment that uses illegal refrigerant.To date,a number of major air-conditioner manufacturers in China,includ-ing Haier,Changhong and Midea,participate in the CVP.Overall,the CVP encourage Chinese air-conditioner manufacturers to rec-ognize the risks brought about by infringement of intellectual property rights,
On April 10th, Honeywell (HON: NYSE) announced the first anniversary of its R-410A Certified Vendor Program (CVP), which aims to certify Chinese equipment manufacturers that purchase R-410A refrigerant from licensed suppliers. The program will also help educate buyers, particularly in Europe, about risks associated with equipment that uses illegal refrigerant. To date, a number of major air-conditioner manufacturers in China, includ-ing Haier, Changhong and Midea, participate in the CVP. Overall, the CVP encourage Chinese air- conditioner manufacturers to rec-ognize the risk brought by infringement of intellectual property rights,