Immediate price increase of 20% on the whole range of Forane® HFC in Europe
Over the last few years, the European HFC business has been heavily affected by a continuous price decrease trend which has led to an unsustainable level of profitability for the whole value chain.
The Chemical Industry has a compulsory need to restore profitability in order to keep investing in the development of lower GWP alternatives which must be available in time to comply with the latest environmental and regulatory requirements.
In this context, Arkema Fluorochemicals announces a 20 % increase in selling prices for packaged and bulk grades for all Forane® HFC products in Europe, effective immediately or as contracts allow.
Arkema’s Fluorochemicals business unit produces and markets a range of fluorinated gases under the Forane® brand in the following markets worldwide:
- Refrigerant fluids for refrigeration and air-conditioning, including commercial and industrial refrigeration, construction, automotive and other applications;
- Blowing agents for polymer foams, specifically polyurethane and polystyrene;
- Feedstock for the production of fluoropolymers;
- Degreasing, cleaning and drying solvents;
- Aerosol sprays.