Hudson Technologies Selected to Support California Air Resources Board’s Refresh Pilot Program for Refrigerant Recovery & Reclamation

WOODCLIFF LAKE, N.J., Dec. 09, 2025 (GLOBE NEWSWIRE) -- 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 been named, after a competitive process, as one of two reclamation providers to participate in the California Air Resources Board’s (“CARB”) REFRESH pilot program, the state’s first program to incentivize refrigerant recovery and reclamation.

The REFRESH (Refrigerant F-gas Reclamation Support for Home HVAC) pilot program will initially partner Hudson Technologies with refrigerant contractors participating in California Energy Commission’s (“CEC”) Equitable Building Decarbonization (“EBD”) Statewide Direct Install program for the purchase of recovered HFCs and HCFCs for reclamation. Additionally, Hudson will train the partnering refrigerant technicians in best practices for the safe and efficient recovery of refrigerants. The North American Sustainable Refrigerant Council (“NASRC”) is administering the program, which is funded through CARB’s F-gas Reduction Incentive Program (“FRIP”), a funding program established to alleviate barriers to adopting climate-friendly refrigerant technologies and to reduce emissions of HFCs, in part by identifying opportunities to increase the recovery and reclamation of existing high-GWP refrigerants. Up to $5 million of FRIP funding is available for the REFRESH pilot to directly fund the buyback of recovered refrigerant and to support administrative and labor costs.

Kate Houghton, Senior Vice President, Sales & Marketing for Hudson commented, “We are very pleased to have been selected as a partner for CARB’s groundbreaking REFRESH program. CARB and the state of California are longstanding proponents of the adoption of recovery and reclamation processes and technology with the goal of reducing emissions from existing refrigerants while the industry conducts an orderly transition to the use of next-generation lower GWP refrigerants and equipment. This is the second innovative recovery and reclamation program that Hudson has been chosen to partner with, and we believe our selection demonstrates the value of our expertise, proprietary technology and reputation for excellent customer service. We look forward to working with CARB for the success of the REFRESH program and we are optimistic that Hudson will continue to see new opportunities as more state and local governments adopt legislation mandating the use of reclaimed refrigerant.”

The REFRESH pilot program will launch in early 2026.

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.

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Statements contained herein which are not historical facts constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such factors include, but are not limited to, changes in the laws and regulations affecting the industry, changes in the demand and price for refrigerants (including unfavorable market conditions adversely affecting the demand for, and the price of, refrigerants), the Company's ability to source refrigerants, regulatory and economic factors, seasonality, competition, litigation, the nature of supplier or customer arrangements that become available to the Company in the future, adverse weather conditions, possible technological obsolescence of existing products and services, possible reduction in the carrying value of long-lived assets, estimates of the useful life of its assets, potential environmental liability, customer concentration, the ability to obtain financing, the ability to meet financial covenants under existing credit facilities, any delays or interruptions in bringing products and services to market, the timely availability of any requisite permits and authorizations from governmental entities and third parties as well as factors relating to doing business outside the United States, including changes in the laws, regulations, policies, and political, financial and economic conditions, including inflation, interest and currency exchange rates, of countries in which the Company may seek to conduct business, the Company’s ability to successfully integrate any assets it acquires from third parties into its operations, and other risks detailed in the Company's 10-K for the year ended December 31, 2024 and other subsequent filings with the Securities and Exchange Commission. The words "believe", "expect", "anticipate", "may", "plan", "should" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.