Profile: Hudson Technologies Inc (HDSN.PH)
24 May 2019
Hudson Technologies, Inc., incorporated on January 11, 1991, is a refrigerant services company. 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. In addition, 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. The Company sells reclaimed and virgin (new) refrigerants to a variety of customers in various segments of the air conditioning and refrigeration industry, and sells industrial gases to a variety of industry segments.
Virgin, non-chlorofluorocarbon (CFC) refrigerants, including hydrochlorofluorocarbons (HCFC) and hydrofluorocarbons (HFC) refrigerants, are purchased by the Company from several suppliers and resold by the Company, typically at wholesale. Additionally, the Company regularly purchases used or contaminated refrigerants, some of which are CFC based, from many different sources, which refrigerants are then reclaimed using the Company's high speed reclamation equipment, its Zugibeast system, and then are resold by the Company. The Company provides a complete offering of refrigerant management services, which primarily include reclamation of refrigerants, laboratory testing and banking (storage) services. The Company also separates crossed refrigerants, and provides re-usable cylinder refurbishment and hydrostatic testing services. The Company provides decontamination and recovery services that are performed at a customer's site through the use of equipment, including the Zugibeast system. The Company offers diagnostic services that are intended to predict potential problems in air conditioning and refrigeration systems before they occur. Fluid Chemistry, an abbreviated version of the Company's Chiller Chemistry offering, is designed to identify systems that require further examination.
Hudson Technologies Inc
One Blue Hill Plaza, 14Th Floor,
PO Box 1541
PEARL RIVER NY 10965