Hudson Technologies (HDSN) announced that it has entered into a licensing agreement with The Chemours Company (CC). 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. Brian 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(TM) 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.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HDSN:
- Hudson Technologies price target lowered to $13 from $16 at Craig-Hallum
- Hudson Technologies downgraded to Hold from Buy at Canaccord
- Hudson Technologies reports Q1 EPS 20c, consensus 20c
- HDSN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Hudson Technologies to Host Conference Call to Discuss First Quarter 2024 Results