Chemours Inks Deal to Facilitate Distribution of XP40 in EU

The Chemours Company CCinked a deal with Arkema for the distribution of XP40 (R-449A) in the European Union (EU), to meet rising demand for low global warming potential (GWP) refrigerants under the F-Gas Regulation.

The 2018 F-Gas regulation as well as phasedown reduction of 37% has created significant demand for low GWP alternatives to replace traditional products, such as R-404A/R-507A.

Hence, leading supermarkets, retailers, contractors, distributors and end-users in the EU currently prefer XP40. It is known for delivering improved performance with a more sustainable environmental footprint and over 65% reduction in GWP versus existing products.

This move will help the company to make the product more accessible to customers. XP40 plays a key role in enabling the market to comply with the F-Gas Regulation.

Chemours has outperformed the industryit belongs to for more than a year. The company’s shares have gained 24.9%, compared with roughly 9.7% rise recorded by the industry.