Hudson Technologies to Provide Reclaimed Refrigerant to LG Air Conditioning Technologies USA – Collaboration will promote sustainable refrigerant management practices through[...]

Woodcliff Lake, NJ - September 11, 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, has announced its collaboration with LG Air Conditioning Technologies, USA ("LG") for the supply of Hudson's EMERALD Refrigerants™ to LG's customer base. The collaboration underscores the commitment of both companies to responsible and sustainable refrigerant management practices and highlights the ongoing industry transition to the use of reclaimed refrigerants.

LG Air Conditioning Technologies USA is a leading player in the global air conditioning market, distributing both commercial and residential air conditioning and building management solutions. As a leading player in the market, LG is committed to delivering products that provide an opportunity to reduce energy consumption, increase efficiency, and enhance comfort. With its 'Better Life For All' approach, through this agreement, LG will leverage Hudson's proven expertise in refrigerant recovery and reclamation, to make lower GWP reclaimed refrigerants available to LG's customer base.

Kate Houghton, Senior Vice President, Sales & Marketing for Hudson commented, "LG is a valued partner, and we are excited about this opportunity to work together toward our shared goal of creating and promoting sustainable refrigerant management practices. Our EMERALD Refrigerants™ are certified reclaimed refrigerants which, as a recycled product, can be manufactured with significantly lower environmental impact and GWP levels than the production of virgin refrigerants. Importantly, certified reclaimed refrigerants match the in-system performance levels of virgin refrigerants, offering LG's customers a seamless alternative to adopting cleaner refrigerants. Through this collaboration, we are combining Hudson's expertise in the recovery reclamation and redistribution of refrigerants with LG's extensive customer base, to further the HVAC industry's recognition and use of more environmentally sound products and practices."

Darren Gibula, Vice President of Operations for LG Air Conditioning Technologies USA stated, "At LG, we're committed to efforts to reduce carbon emissions and drive the future of cleaner energy through our all-electric heat pump HVAC products, the introduction of hydronics solutions and the adoption of refrigerants with a lower GWP (Global Warming Potential). Leveraging Hudson's extensive experience in reclaimed refrigerants will enable LG to help our customers meet new California refrigerant-related regulations as well as reinforce our efforts to deliver more eco-conscious solutions for end-users nationwide."

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