UPDATE 1-N.Hydro, Danfoss in car air conditioning venture

Newswire

(Adds details, quotes, background, share price) OSLO, March 21 (Reuters) - Norwegian energy and metals group Norsk Hydro and Danish industrial company Danfoss have agreed a joint venture to make aluminium components for car air conditioning systems, Norsk Hydro said on Monday. It said that the venture, to be called Piflex, would develop aluminium pipes that could withstand greater pressures than rubber tubing in conventional air conditioning. It would aim to market its first products by ...

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