Subsequent to the approval from the U.S. Department of
Transportation (DOT) Pipeline and Hazardous Materials Safety
) announced that a cylinder recertification facility in its
Airgas Refrigerants, Inc. plant is operating successfully.
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Based in Smyrna, Ga., Airgas Refrigerants plant is now able to
recertify its fleet of refrigerant cylinders. The compliance will
allow recertification of low-pressure cylinders which are
manufactured under 4B series comprising 4BA and 4BW.
Prior to this, third party service providers conducted cylinder
recertification process for Airgas. The Airgas Refrigerants
recertification qualifications, including visual inspections,
hydrostatic testing and direct expansion testing will eradicate
the need of third party vendors. It will also reduce waste
and cost by rationalizing Airgas' operations.
The cylinder recertification facility was created in anticipation
of the growing market for reclaiming used refrigerants. This
facility is in line with the company's commitment to reducing
waste and creating efficiencies to deliver the best products and
services in the refrigeration industry.
Generally, chlorofluorocarbons were used as refrigerants, but
they are being phased out because of their ozone depletion
effects causing global warming. The EPA (Environmental Protection
Agency) has decided to expel the production of refrigerants,
especially HCFC-22 or R-22, by the end of 2019.
Airgas Refrigerants is one of the largest distributors and
reclaimers of refrigerant gases. The recertification
qualification will enable Airgas to deliver faster service and
better asset utilization.
Radnor, Pa.-based Airgas through its subsidiaries distributes
industrial, medical and specialty gases as well as hardgoods in
the U.S. The company also markets its products and services
through e-business, catalog and telesales channels.
Airgas currently retains a Zacks Rank #4 (Sell).
Other companies in the diversified chemical industry with
favorable Zacks Rank are
PPG Industries Inc.
), each holding a Zacks Rank #2 (Buy).