Philippines: Umbrella project covering five companies for conversion from CFC-11 used as foam blowing agent into HCFC-141b, and CFC-12 and R-502 used as refrigerant into HFC-134a and HFC‑-404a (Gomeco, Chee Puck, Well Built, Low Temp Corporation, Allied Metals)
Having considered that part of the report of the Sub-Committee relating to the Philippines umbrella project covering five companies for conversion from CFC-11 used as foam blowing agent into HCFC-141b, and CFC-12 and R-502 used as refrigerant into HFC-134a and HFC -404a (UNEP/OzL.Pro/ExCom/19/5, paras. 48-49), the Executive Committee decided:
(a) To note the view expressed in the Sub-Committee that, as a matter of principle for future operations, unless otherwise provided for, projects with low- and high-cost effectiveness should not be combined in order to achieve a cost-effectiveness figure that would enable the project to be funded;
(b) To note that, since it was determined that the project as submitted would not constitute phase out of the subsector, UNDP had withdrawn the two subprojects that did not meet individual cost effectiveness thresholds (Low Temp Corporation, Allied Metals) and only the remaining three subprojects were submitted (Gomeco, Chee Puck, Well Built);
(c) To approve as eligible for funding the project for the three enterprises in the amount of US $156,475;
(d) To note that:
(i) The overall cost effectiveness of the project was below the threshold value and each of the three enterprises individually also met the cost effectiveness threshold in the subsector; and
(ii) The recovery/recycling component had been excluded from the project.