Hudson Technologies, Inc. (HDSN) operates as a dedicated provider of specialized refrigerant services, addressing persistent issues within the refrigeration industry, primarily throughout the United States. The company's core business involves the sale of refrigerants and various industrial gases. It also delivers a comprehensive range of refrigerant management solutions, including the recovery and reprocessing of used refrigerants, the refurbishment of reusable cylinders, and hydrostatic testing. Furthermore, Hudson offers "RefrigerantSide" services, which focus on deep system decontamination to eliminate moisture, oils, and other harmful contaminants from refrigeration systems. Beyond these offerings, Hudson provides its SmartEnergy OPS service, a proprietary web-based platform designed for continuous, real-time monitoring of refrigeration and other energy systems. Additional specialized services encompass Chiller Chemistry and Chill Smart programs. The firm also contributes to environmental efforts by participating in the development of carbon offset projects. Hudson serves a diverse clientele, including commercial, industrial, and governmental organizations, as well as refrigerant wholesalers, distributors, contractors, and original equipment manufacturers in the refrigeration sector. Established in 1991, Hudson Technologies, Inc. maintains its corporate headquarters in Woodcliff Lake, New Jersey.
Hudson Technologies Signs Joint Development Agreement with Icorium; Expands Commitment to Commercialize and Scale Patented Extractive Distillation Technology
Hudson Technologies (NASDAQ: HDSN) signed a joint development agreement with Icorium Company to commercialize Icorium's patented extractive distillation technology for refrigerant separation.
The agreement gives Hudson dedicated access to Icorium's engineering resources and related intellectual property, along with exclusivity and first-mover advantages during the initial commercialization period.
The technology targets splitting complex refrigerant mixtures, including azeotropes, into core components — allowing contractors to combine refrigerants in cylinders and enabling Hudson to convert more recovered refrigerant into saleable product faster.
CEO Ken Gaglione called the deal a significant milestone in expanding beyond traditional refrigerant sales and reclamation into a technology-driven platform; no financial terms were disclosed.