Chemours Discontinues US Sales Of Legacy Freon Refrigerants 404A And 507
Portfolio Pulse from Benzinga Newsdesk
Chemours announced it will discontinue U.S. sales of Freon products 404A and 507 by May 2, 2024, to comply with regulatory requirements under the AIM Act and Canada's ODSHAR, aiming to phase down hydrofluorocarbons (HFCs).

May 02, 2024 | 10:49 am
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Chemours discontinuing sales of Freon 404A and 507 in the U.S. by 2024 to meet HFC regulatory phasedown requirements.
Chemours' decision to discontinue these products is a strategic alignment with environmental regulations, which could have a neutral to slightly positive impact on its stock. This move demonstrates compliance and adaptability to regulatory changes, potentially fostering a positive public and investor perception. However, the financial impact will depend on the company's ability to replace these products with alternatives that meet regulatory standards and market demand.
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