The Kigali Amendment Officially Came Into Effect,the Refrigerant Industry Is Expected To Be Heated Up-tiliglobal.com

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The "Kigali Amendment" officially came into effect, the refrigerant industry is expected to be "heated up" Sep 16, 2021

The "Kigali Amendment" officially came into effect, the refrigerant industry is expected to be "heated up"

On September 15, the "Montreal Protocol" Kigali Amendment (hereinafter referred to as the "Kigali Amendment") formally entered into force in my country. On the same day, Oriental Fortune's fluorine chemical sector rose 4.13%, Juhua, Sanmei, Yonghe, Tianji, Longxing Chemical, etc. have their daily limit, Binhua, Zhongxin Fluorine, Duo Fluoride, Yongtai Technology, etc. There are also varying degrees of increase.

"The "Kigali Amendment" is generally good for the refrigerant industry. In the short term, although the production of third-generation refrigerants will face a gradual reduction, which will have a certain impact on the production and operation of enterprises, it also raises industry barriers and adjusts In the long run, it will promote the structural reform of the refrigerant industry and accelerate the iterative update of products. With the development and improvement of my country’s carbon trading market, fluorine chemical companies are expected to change the remaining carbon emissions through product iteration in the future. Come true gold and silver." A senior executive of a listed fluorine chemical company told a reporter from Shanghai Securities News.

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