Chemours buys refrigerant supplier ICOR
Leading refrigerant manufacturer Chemours has acquired ICOR International, a privately-owned US supplier of branded refrigerants.
ICOR supplies a range of HFC refrigerants – R134a, R407A, R404A, R407C, R410A – as well as the hydrocarbons propane and isobutane. In addition it supplies a number of specialist blends NU-22B (R422B), Hot Shot-2 (R417C) and One Shot-C (R422C). All contain varying proportions of R125 and R134a with a small amount of hydrocarbon and are designed to replace a range of refrigerants including R22.
“ICOR has developed an excellent reputation with contractors and equipment owners, has strong brands and an extensive distributor network, all of which will be a valuable addition to Chemours and enhances our ability to meet our customer needs in North America,” said Diego Boeri, vice president of Chemours fluorochemicals business.
“Chemours is establishing itself as a new kind of chemistry company and we are excited to join them on this journey,” said Gordon McKinney, vice president of sales and COO of ICOR International.
Originally called Indianapolis Refrigeration – a full-line air conditioning and refrigeration service company – the company was incorporated in 1995 and renamed ICOR International. Frustrated by the lack of simple, efficient, and economical recovery equipment during the CFC phase-out in the 90s, ICOR developed and patented the Spooter II refrigerant recovery pump and became involved in the recovery of ozone-depleting refrigerants within the state of Indiana. This developed into formulating safe, affordable blend replacements.