Chemours Expands Access to Market-leading Opteon XP40 in European Union in Support of F-Gas Phasedown

The Chemours Company announced today that it has signed a distributor agreement with Arkema for the distribution of XP40 (R-449A) in the European Union to meet the growing demand for low global warming potential (GWP) refrigerants under the F-Gas Regulation. The 2018 F-Gas cap and phasedown reduction of 37% has generated significant demand for low GWP alternatives to replace legacy products such as R-404A/R-507A. XP40 is currently the refrigerant of choice among leading supermarkets, retailers, contractors, distributors and end-users in the EU for retrofit and new equipment, delivering improved performance with a more sustainable environmental footprint and over 65% reduction in GWP vs. existing products. With this agreement, Chemours is bringing this key product to even more customers in the marketplace. "We are pleased to be able to expand the access of XP40 in the EU market via Arkema, another leading supplier of fluorochemical refrigerants," said Diego Boeri, vice-president of Chemours Fluorochemicals. "Since 2015, XP40 has played a critical role in allowing the market to comply with the F-Gas Regulation. We are committed to continuing to help the industry succeed under the F-Gas Regulation while enabling customers and the marketplace to ensure business continuity. Chemours is proud to offer a full portfolio of low and very low GWP solutions to enable customers to meet their F-Gas objectives. Along with XP40, Opteon XL products are very low GWP solutions offering up to 99% GWP reduction and improved performance for new equipment designs. For more information visit opteon.com