King of Prussia, PA, Aug. 24, 2017 (GLOBE NEWSWIRE) -- The Court stated that EPA’s legal right to regulate replacement refrigerants under SNAP is limited to their effect on ozone depletion not global warming potential. The delisting of certain HFCs does not replace ozone depleting substances (i.e. CFCs and HCFCs). Arkema is gratified by the Court’s decision on the scope of the Agency’s authority.
Arkema continues to be a strong supporter of reducing HFC emissions, which includes the development and use of low Global Warning Potential HFCs and HFOs.
We also believe that any effort to require use of lower Global Warning Potential alternatives should be global and should give regulated persons the flexibility to pick the best products for an efficient and safe transition without market disruptions. This path creates a clear framework of an international regulation rather than a patchwork of country or region specific regulations and provides a cap and phasedown for the marketplace.
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €7.5 billion in 2016, we employ approximately 20,000 people worldwide and operate in close to 50 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com