Hudson Technologies Enters Into Licensing Agreement With Chemours

 
WOODCLIFF LAKE, NJ – May 6, 2024 – Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry – and one of the nation’s largest refrigerant reclaimers – today announced that it has entered into a licensing agreement with The Chemours Company. By the terms of the agreement, Hudson may now sell Hudson reclaimed refrigerants under Freon™ R-11, Freon™ R-12, Freon™ R-123 and Freon™ R-22 and use the Freon™ brand name in its marketing materials related to these products. Freon™ is a trademark of The Chemours Company FC, LLC used under license by Hudson Technologies.

Brian F. Coleman, President and Chief Executive Officer of Hudson Technologies commented, “Hudson has enjoyed a longstanding relationship with Chemours and we’re very pleased to have this opportunity to use their well-respected Freon™ brand for the marketing of certain legacy reclaimed refrigerant products in addition to our Emerald Refrigerants™ brand of HFC refrigerants. As our industry navigates the phase down and phase out of refrigerants it is important that our customers are aware of the availability of high-quality reclaimed options. Freon™ is a recognized and respected brand that we believe will bring heightened visibility to our reclaimed products and promote the use of our sustainable refrigerant solutions.”

Doug Westerhoff, Americas Sales Director at Chemours stated, “Chemours and Hudson have been pioneers in developing sustainable refrigerant products and practices. We’re proud to partner with Hudson to deliver reclaimed Freon™ refrigerants to the market and supporting both lifecycle refrigerant management and the long-term transition to next generation products through the AIM Act.” 


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