Due to the F-Gas Regulation limiting HFC availability in 2016, Chemours has announced a price increase in the European Union, effective from 1 January, or as allowed by contractual commitments, on a number of products.
Suva 404A (GWP 3922) and Suva 507 (GWP 3985) will increase by 15%. Meanwhile, Suva 407A (GWP 2107), Suva 410A (GWP 2088), Suva 407C (GWP 1602) and Suva 134a (GWP 1430) will all increase by 10%.
From January 1, 2016, the F-Gas regulation reduces the amount of HFCs that can be placed on the European Union market, on a CO2-equivalent basis, by 7 per cent as compared to 2015.
The cap and phase down approach in the legislation is designed to drive the European Union to meet its climate change targets. The new legislation can be used to define a roadmap to transition from high-Global Warming Potential (GWP) HFCs to low-GWP, HFO-based technologies.
Chemours says it is well-positioned to help the market achieve this transition, not only with existing HFC products, but also with its Opteon range of low-GWP refrigerant solutions. These include products such as Opteon XP40 and Opteon XP44, which are commercially available and successfully used in hundreds of systems today.