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 Freonā„¢ R-11, Freonā„¢ R-12, Freonā„¢ R-123 and Freonā„¢ R-22 and use the Freonā„¢ brand name in its marketing materials related to these products. Freonā„¢ 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, ā€œHudson has enjoyed a longstanding relationship with Chemours and we’re very pleased to have this opportunity to use their well-respected Freonā„¢ brand for the marketing of certain legacy reclaimed refrigerant products in addition to our EMERALDĀ® 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. Freonā„¢ 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.ā€

Doug Westerhoff, Americas Sales Director at Chemours stated, ā€œChemours 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.”Ā 


About Hudson Technologies

Safe Harbor Statement