Company Overview

Hudson Technologies, Inc. is a U.S.-based environmental services company specializing in the reclamation, sale, and management of refrigerants used in commercial, industrial, and residential cooling systems. The company operates primarily within the environmental services, HVACR (heating, ventilation, air conditioning, and refrigeration), and industrial chemicals industries. Its core business focuses on reclaiming used refrigerants and reselling them for reuse, supporting regulatory compliance and sustainability objectives tied to ozone depletion and greenhouse gas reduction.

The company’s primary revenue drivers include the sale of reclaimed refrigerants, refrigerant management services, and related environmental solutions for commercial HVAC contractors, industrial end-users, and large facility operators. Hudson is positioned as one of the largest refrigerant reclaimers in the United States, benefiting from regulatory mandates under the U.S. Environmental Protection Agency that restrict the production and import of certain refrigerants. Founded in 1991, Hudson Technologies evolved from a refrigerant distributor into a vertically integrated reclaimer following investments in proprietary reclamation technology and the expansion of its nationwide collection network.

Business Operations

Hudson Technologies operates primarily through a single reportable business focused on refrigerant reclamation and lifecycle management, though its activities span multiple service offerings within that segment. The company generates revenue through the sale of reclaimed refrigerants, supply of virgin refrigerants when available, and service-based offerings such as refrigerant recovery, reclamation, banking, and compliance management. These services are marketed under its Refrigerant Management Services platform, which supports customers in meeting environmental regulations while managing refrigerant inventories.

Operations are predominantly domestic within the United States, supported by a network of reclamation facilities and distribution hubs. Hudson controls proprietary purification and reclamation technologies that allow used refrigerants to be processed to meet industry purity standards. The company has historically expanded capabilities through acquisitions, including Airgas Refrigerants, which strengthened its access to reclaimed refrigerant supply and broadened its customer base. Hudson does not rely on material joint ventures but maintains commercial relationships with HVAC contractors, distributors, and large end-users.

Strategic Position & Investments

Hudson Technologies’ strategic direction is centered on leveraging regulatory-driven demand for reclaimed refrigerants as phasedowns of high-global-warming-potential refrigerants continue under U.S. and international environmental frameworks. Growth initiatives focus on increasing refrigerant recovery volumes, expanding reclamation capacity, and deepening long-term customer relationships through contract-based refrigerant management programs. The company has also invested in working capital to secure refrigerant inventory during periods of market tightness.

Strategically, Hudson benefits from high barriers to entry in refrigerant reclamation, including regulatory certification requirements, capital-intensive processing infrastructure, and technical expertise. Past acquisitions, including Airgas Refrigerants, remain integral to its supply network rather than representing a diversified portfolio of subsidiaries. Emerging focus areas include servicing next-generation refrigerants and adapting reclamation processes to accommodate new chemical compositions as the HVACR industry transitions to lower-emission alternatives.

Geographic Footprint

Hudson Technologies is headquartered in Pearl River, New York, and operates across major regions of the United States. Its reclamation and distribution infrastructure supports nationwide service coverage, allowing it to collect used refrigerants from customers in multiple states and redistribute reclaimed product through established logistics channels.

While the company’s operations are primarily domestic, its business is indirectly influenced by global refrigerant markets and international regulatory trends that affect pricing, availability, and demand. Hudson does not maintain significant physical operations outside the United States, and public disclosures indicate limited direct international investment or overseas facilities.

Leadership & Governance

Hudson Technologies was founded by industry professionals with experience in refrigerant distribution and environmental services, shaping a governance culture focused on regulatory compliance and operational efficiency. The leadership team emphasizes disciplined capital allocation, inventory management, and alignment with environmental policy trends as central elements of its strategic vision.

Key executives include:

• Brian F. Coleman – President and Chief Executive Officer
• Kevin J. Zugibe – Executive Vice President and Chief Financial Officer
• Timothy P. Kinsella – Vice President of Operations
• Brian C. Dugan – Vice President of Sales and Marketing

The company is governed by a board of directors with experience in environmental services, finance, and public company oversight, supporting a strategy focused on long-term value creation within a regulated market environment.