New Regulations & Innovation

Transcription

1 New Regulations & Innovation Case Study: Be Cool Under Pressure 3 rd Safer Consumer Products Summit September 18 19, 2013 Jim Romine Vice President, DuPont Product Stewardship & Regulatory Affairs

2 Our Core Values Are More Than Just Goals They reflect the way we work and how we operate every day with our customers, with our partners from around the world, and in the communities in which we operate. 2 2

3 DuPont 2012 Segment Sales $10.4B Agriculture $3.4B Nutrition & Health $2.7B Electronics & Communications $7.2B Performance Chemicals $34.8 B* $1.2B Industrial Biosciences $6.4B Performance Materials $3.8B Safety & Protection * Consolidated net sales from continuing operations. 3 3

4 DuPont From a Regulatory Perspective Agriculture Nutrition & Health Electronics & Comm. Performance Chemicals Industrial Biosciences Safety & Protection Performance Materials DSL SFCA FIFRA TSCA Prop 65 CWCR FD&C Act Chemical Inventory REACH CLP Nano Decree RoHS China REACH Decree 591 Food Contact Food Contact Insecticides Act Decree 977 MERCOSUR Food Contact IFA BTW NICNAS APVMA FSANZ HSNO ACVM 4

5 Evolving Product Regulatory Landscape Example: Chemical Regulatory Frameworks US/Can/Brazil GHS Implementation, TSCA modernization, REACh 2013/2018, China 591, Taiwan/Vietnam inventory, Korea REACh, India inventory advocacy 2012 US: GHS, EU: GHS (Turkey, Russia), AP: GHS (Mal), Inventory (Malaysia Taiwan), China Inventory 2011 Given the changing regulatory landscape, business must learn to deal with a rapidly evolving and uncertain environment LA: GHS (MX) Haz. Prod (BZ) EU: GHS (Croatia/Serb) AP: China Decree 591; GHS (Phil. Thailand, Taiwan) US: TSCA CDR, LA: GHS (UR) EU: FC GMP AP: GHS & New Inv (China), Vol. Rep. (Japan) LA: Trans Reg.& GHS (Brazil) EU: REACH 2010; AP: GHS Indonesa ECN (Taiwan) Food Safety (China) 2008 US: VOC/Ozone, CAN: CCMP, LA: Pet Reg (Brazil) EU: GHS CLP; AP: GHS (Taiwan, Singapore, Vietnam), RoHS (Korea, China) 2007 Baseline , 2009, 2010, 2011 adds & baseline , 2009, 2010 additions & baseline , 2009 additions & baseline additions & baseline + baseline US: TSCA, FDA, FIFRA, CPSC, Prop 65 (CA), HCP (TX), CAN: DSL, WHMIS, EU: REACH Prereg., Biocidal Dir. AP: GHS (Korea, Japan, NZ), RoHS (Japan), Chem. Inv. (NZ, Phil. Aus, Japan, Korea, China) Regulated Highly Regulated 5

6 In the Face of New Regulations NEW REGULATION AHEAD Opportunity Threat 6

7 New Regulations Lead to Opportunity: EU MAC Directive* to Opteon YF * European Commission (EC) HFC Regulations The European Directive on mobile air conditioning systems (MACs) aims at reducing emissions of greenhouse gases which contribute to global warming. EC MAC Directive allows only refrigerants with a GWP less than 150 in new type vehicle models sold in EU countries beginning January 1, 2013 and in all new vehicles starting January 1,

8 Setting the Stage DuPont Leads Fluorochemicals Innovation High ODP Very High GWP DuPont identifies HFC as a CFC replacement Low or no ODP High GWP DuPont commercializes nonozone depleting HFC No ODP Very low GWP 2011 First commercial shipment Opteon YF refrigerant HFO 1336 foaming agent development 1930s 1970s s 2000 & beyond 2010s DuPont commercializes Freon CFC and HCFC ODP = ozone depletion potential GWP = global warming potential Montreal Protocol agreement leads to phaseout of CFCs/HCFCs over 50 yr period DuPont introduces ISCEON HFC blends as drop in replacement for HCFC Ongoing transition from HCFC to HFC 2006 EU established phaseout of HFC in cars, MAC Directive in place as of 1 January DuPont& another producer jointly develop new refrigerant chemistry 8

9 DuPont Leads Fluorochemicals Innovation 9

10 DuPont Leads Fluorochemicals Advocacy Fluorochemicals Three Decades of Advocacy and Technology Leadership 10

11 The Final Product: Opteon YF Next Gen mobile refrigerant commercialized in 2011 HFC 134a Opteon YF Formula CH 2 FCF CF 3 CF=CH 2 Molecular Weight T. Critical Point 102 o C 95 o C Boiling Point 26 o C 29 o C ODP 0 0 GWP Performance Benefits Near drop in HFC 134a replacement Lower cost per vehicle vs not in kind solutions Environmental Benefits Lowest total greenhouse gas emissions Zero ozone depletion potential Low global warming potential Market Drivers Low GWP replacement for HFCs Regulatory direction in EU, US and Japan 11

12 Future of Emerging Regulations and Industry 3 Scenarios: Unilaterally Increased restrictions Barriers to innovation Tug of war Multilateral Cooperation Increased opportunities for innovation 12

13 Final Provocation Do New Regulations Drive Innovation? Or Does Innovation Stimulate New Regulations? 13

14 Questions? Thank You!