PRESS RELEASE
WOODCLIFF LAKE, NJ, AUG. 01, 2022 -- 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 – and Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate-control solutions, announced they have entered into an agreement to align their efforts to meet the CARB Regulation Order for Certified Reclaimed Refrigerant Use Requirements for Manufacturers of AC Equipment.
Under the agreement, Hudson will be the exclusive supplier of certified reclaimed refrigerants to Lennox for the aftermarket support of their residential HVAC systems.
Brian F. Coleman, President and CEO of Hudson Technologies, commented, “Hudson continues to lead the way in sustainability, and we are focused on supporting our industry partners in their efforts to ensure compliance with regulations around the use of reclaimed refrigerant and the transition to more environmentally friendly gases. We are pleased to partner with Lennox through this strategic alliance, which illustrates our joint commitment to increasing the recovery, reclamation and reuse of refrigerants, as well as fostering activities which reduce greenhouse gas emissions, create economic incentives for return of used refrigerants and support the circular economy.”
“Driving innovation excellence in our products, services, and operations is at the core of our business strategy and embedded into our processes,” added Eric Zito, Director, Sustainability and Product Lifecycle of Lennox International Inc. “This partnership with Hudson will assist us in supporting the aftermarket refrigerant needs of our customers through the use of reclaimed refrigerant, a practice that aligns with our unwavering commitment to reducing environmental impact.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services to the Heating Ventilation Air Conditioning and Refrigeration industry. For nearly three decades, we have demonstrated our commitment to our customers and the environment by becoming one of the first in the United States and largest refrigerant reclaimers through multimillion dollar investments in the plants and advanced separation technology required to recover a wide variety of refrigerants and restoring them to Air-Conditioning, Heating, and Refrigeration Institute standard for reuse as certified EMERALD Refrigerants™. The Company's products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide® Services performed at a customer's site, consisting of system decontamination to remove moisture, oils and other contaminants. The Company’s SmartEnergy OPS® service is a web-based real time continuous monitoring service applicable to a facility’s refrigeration systems and other energy systems. The Company’s Chiller Chemistry® and Chill Smart® services are also predictive and diagnostic service offerings. As a component of the Company’s products and services, the Company also generates carbon offset projects.
About Lennox International
Lennox International Inc. (NYSE: LII) is a global leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our air conditioning, heating, indoor air quality, and refrigeration systems. Lennox International stock is listed on the New York Stock Exchange and traded under the symbol LII. Additional information on Lennox International is available at www.lennoxinternational.com