- Positioning Hudson to meet increasing European market demand for energy optimization solutions that is being driven by high energy costs and a stringent regulatory environment
- Expanding Hudson’s opportunities to grow its reclamation business by taking advantage of Europe’s accelerated refrigerant phase out schedule; Virgin production of R-22 is currently 100% phased out in Europe and existing R-22 operating systems can only be serviced with reclaimed or recycled refrigerant that is presently selling at more than 3 times the price of R-22 in the U.S.
- Capitalizing on a very fragmented and under developed EU reclamation market which has few facilities able to meet Hudson’s purity and performance standards
- Providing immediate access to an established customer base and a well-developed infrastructure for the marketing of Hudson products and services in Europe, the Middle East and North Africa
Hudson Technologies Announces Joint Venture Agreement To Establish Hudson Technologies Europe
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