Based on comments on this group I had ICE-32 added to my 1998 740i's air conditioning. The AC has been borderline in really hot weather even though the dealer says it is performing up to "factory specs." It cost $70 at a Firestone service center. The verdict? A slight (but welcome) improvement. I have not made measurements but I guess that the air is about 5 degrees (f) cooler.
Given that it will be 100 degrees here today I'll take anything I can get!