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Price increase of 20% on Forane HFC products in Europe

Arkema Fluorochemicals has announced an immeadiate 20 % price increase for packaged and bulk grades for all Forane HFC products in Europe

In a statement, the company said: “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.”

Arkema’s Fluorochemicals business unit produces and markets a range of fluorinated gases under the Forane brandincluding refrigerant fluids for refrigeration and air-conditioning, including commercial and industrial refrigeration, construction, automotive and other applications.

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