Refrigerant Services

Name

Refrigerant Services

Legal name

Refrigerant Services Inc.

Website

https://rscool.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

HVAC Refrigerants and Reclamation Services

NAICS

Refrigeration Equipment and Supplies Merchant Wholesalers (423740), Refrigeration Equipment and Supplies Merchant Wholesalers (42374), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Wholesale-Professional & Commercial Equipment & Supplies (5040), Refrigeration & Service Industry Machinery (3580), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Used Oil, Lubricants & Industrial Fluids Recovery/Recycling (IMAIAFAM)

akta.pro secondary industries

Commercial Refrigeration & HVAC (Foodservice) Wholesale (AFAIALAI), Heat Transfer Fluids (IMAEAMAG)

Keywords

• Refrigerant reclamation services
• HFC refrigerant products
• Cylinder requalification services
• Refrigerant disposal services
• Drop-in refrigerant replacements

Headquarters

HQ city

Dartmouth

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Refrigerant Disposal Services: The company collects surplus refrigerants (both ozone-depleting and HFC refrigerants) through its network of participating wholesalers across Canada and arranges shipment to designated destruction facilities, functioning as a Collection Service Provider for Refrigerant Management Canada (RMC).
2. Refrigerant Reclamation and Sales: Recovered refrigerants are reprocessed to AHRI-700-2011 standard and certified by an independent laboratory, then sold back into the market as reclaimed refrigerants. Revenue is generated from processing fees and the sale of reclaimed refrigerant products.
3. RS Refrigerant Products: The company manufactures and sells a line of proprietary RS-brand refrigerant blends (RS-24, RS-44, RS-45, RS-52, RS-50, RS-70) which are zero-ozone-depleting drop-in replacement refrigerants. These are distributed through the company's wholesaler network.
4. Cylinder Requalification Services: As a Transport Canada approved facility, the company provides visual and hydrostatic requalification testing for refrigerant recovery and virgin cylinders ranging from 30 lb to 1000 lb. Cylinders are also provided on deposit through participating wholesalers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Refrigerant Services Inc. collects, reclaims, and reprocesses surplus and mixed refrigerants to the AHRI-700-2011 purity standard at its Dartmouth, Nova Scotia facility, and manufactures a proprietary line of zero-ODP RS-brand HFC refrigerant blends (RS-24, RS-44, RS-45, RS-52, RS-50, RS-70). It also distributes recovery cylinders on deposit through a Canada-wide wholesaler network and operates a Transport Canada-approved cylinder requalification service for both recovery and virgin cylinders ranging from 30 lb to 1000 lb water capacity.

Product overview

Refrigerant Services Inc. operates as a refrigerant reclamation and management company offering a portfolio of patented HFC blend refrigerant products under the RS brand (RS-24, RS-44, RS-45, RS-52, RS-50, RS-70) that serve as drop-in replacements for legacy refrigerants like R-12, R-22, R-502, R-404A, and R-507A. The company complements its refrigerant product line with supporting services including refrigerant reclamation (certified to AHRI-700-2011), disposal (as a Collection Service Provider for Refrigerant Management Canada), and cylinder requalification (Transport Canada approved). The product ecosystem includes recovery cylinders in various sizes for the collection and transport of refrigerants.

Differentiator

Problem solved

Functional benefit

Brands

• RS Refrigerants: Zero ozone depleting refrigerant replacements for existing refrigeration and air conditioning applications. Includes RS-24 (R-426A), RS-44 (R-424A), RS-45 (R-428A), RS-52 (R-428A), RS-50 (R-442A), and RS-70 (R-453A).
• RS Cool

Products and services

• RS-24 (R-426A) Refrigerant Zero-ODP HFC blend drop-in replacement for R-12, 401A, 401B, 409A, and 414A, used in medium and low temperature refrigeration, mobile refrigeration, and air conditioning down to -20°C SST. Distributed through the company's wholesaler network.
• RS-44 (R-424A) Refrigerant Zero-ODP HFC blend drop-in replacement for R-22, used in air conditioning, tube and tube chillers, plate chillers, and medium temperature refrigeration down to -5°C SST.
• RS-45 (R-434A) Refrigerant Zero-ODP replacement for R-22 in new and existing systems, compatible with all lubricants. Suitable for shell and tube chillers, medium and low temperature refrigeration down to -40°C SST, with low glide comparable to R407C.
• RS-52 (R-428A) Refrigerant Zero-ODP HFC blend drop-in replacement for R-502, 402A, 402B, and 408A, used in low temperature refrigeration down to -50°C SST with significantly lower discharge temperatures and pressures than R-502.
• RS-50 (R-442A) Refrigerant Zero-ODP HFC blend high-efficiency lower-GWP replacement for R-404A and R-507A (GWP 1888 vs 3922 and 3985 respectively), used in commercial and industrial low temperature refrigeration, walk-in freezers, and reach-in freezers down to -50°C SST.
• RS-70 (R-453A) Refrigerant Lower-GWP (1765) drop-in replacement for R-22 in low, medium, and high temperature applications. Compatible with mineral, alkylbenzene, and POE lubricants; no oil change or system modifications required.
• Refrigerant Recovery Cylinders Recovery cylinders available in 30-LB, 50-LB, 100-LB, 200-LB, and 1000-LB sizes. Provided in 150 microns of vacuum with multi-function dangerous goods tag for shipping. Steel drums also available for low pressure refrigerants. Provided on deposit through participating Canadian wholesalers.
• Refrigerant Disposal Service Collection, documentation, testing, transfer, storage, and shipment to destruction facilities of surplus ozone-depleting refrigerants through the Refrigerant Management Canada (RMC) program, and HFC refrigerants. Refrigerant Services operates as a certified Collection Service Provider (CSP) for RMC.
• Refrigerant Reclamation Service Cleaning and certification of recovered refrigerants to meet or exceed the AHRI-700-2011 standard using patented processing equipment. Includes separation technology to separate mixed refrigerants back to 99.5% purity for recertification. Certified by an independent AHRI-certified laboratory.
• Cylinder Requalification Service Transport Canada-approved inspection and recertification service providing visual and hydrostatic cylinder testing for recovery cylinders (every 5 years) and virgin cylinders (every 10 years) in sizes from 30 lb to 1000 lb water capacity, in compliance with Transport Canada dangerous goods regulations.

Quantifiable outcome

• Reclaimed refrigerant purity of 99.5% or greater per AHRI-700-2011 standard
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• Refrigerant Management Canada (RMC)coreStrategic or Co-development PartnerRefrigerant Management Canada is an industry-funded program established by the Heating Refrigeration and Air Conditioning Institute of Canada (HRAI) in 2000 for the disposal of surplus ozone-depleting refrigerants. Refrigerant Services is a certified Collection Service Provider (CSP) for RMC, responsible for the collection, documentation, testing, transfer, storage, and eventual shipment of RMC-acceptable refrigerants to designated destruction facilities.
• World Bank and United NationsflagshipStrategic or Co-development PartnerThe company has provided equipment and consulting services to many World Bank and United Nations projects throughout the world, indicating long-standing international project delivery capabilities.
• Industry Partners (Joint Ventures and Licensing)coreStrategic or Co-development PartnerThe company has partnered with industry leaders in joint ventures and licensing agreements around the globe, enabling international deployment of its proprietary refrigerant reprocessing technologies.
• Transport CanadacoreStrategic or Co-development PartnerRefrigerant Services is a Transport Canada approved cylinder inspection and recertification facility for dangerous goods cylinders. The company is authorized to perform visual and hydrostatic cylinder testing in compliance with Transport Canada regulations.
• Intertek (Independent Laboratory)coreTechnology or IntegrationAll reclaimed refrigerant is certified by an independent, AHRI-certified laboratory. An example certificate is available in the company's resources section demonstrating compliance with AHRI-700-2011 standard.
• BJ Williams & AssociatesminorChannel Partner/ Reseller/ DistributorListed as the RSI Sales Representative in the Resources section, representing the company's sales channel for its RS refrigerant products.
• Heating, Refrigeration & Air Conditioning Institute of Canada (HRAI)minorOthersHRAI established the Refrigerant Management Canada (RMC) program in 2000. Refrigerant Services participates in this industry-funded program as a Collection Service Provider.
• Air Conditioning, Heating & Refrigeration Institute (AHRI)coreOthersAHRI sets the AHRI-700-2011 standard for fluorocarbon refrigerants, which is the standard against which all reclaimed refrigerant from Refrigerant Services is certified.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Others

• Mastercool: Manufacturer of HVACR service tools and refrigerant recovery equipment, including recovery machines used by technicians. Adjacent category but listed as an industry partner link on RS's Resources page; comparable customer base (HVACR service contractors).
• Worthington Industries: Manufacturer of refrigerant recovery cylinders and pressure cylinders — listed as a partner link on RS's Resources page. Closely tied through cylinder supply into RS's deposit-based recovery cylinder network.

Direct peers

• National Refrigerants: North American refrigerant supplier and reclaimer offering virgin, reclaimed, and alternative refrigerants with AHRI-700-certified reclamation capacity. Directly comparable on service offering, certification profile, and customer base (commercial refrigeration, HVACR contractors).
• Hudson Technologies: U.S.-based refrigerant reclamation and product company (Chill-It and Reclaim refrigerants) serving similar commercial HVACR end-markets and wholesalers. Closest publicly-traded pure-play comparable to Refrigerant Services on the reclamation side.
• Refrigerant Solutions Ltd: Canadian refrigerant reclamation and management specialist explicitly linked on Refrigerant Services' own Resources page. Operates in an identical niche (recovery, reclamation, alternative refrigerants) and is the most direct Canadian peer.
• A-Gas: Global refrigerant recovery, reclamation, and supply specialist with operations in the U.S., Canada, UK, Australia, and other regions. Highly comparable business model (collection, reclamation, cylinder services, branded reclaim products); the use of agas.com email addresses by RS Accounts Payable/Receivable suggests a close operational or ownership relationship.

Broad incumbents

• Linde: Global industrial gases major that produces and supplies refrigerants (historically via its tonnage and specialty gases business) and provides gas reclamation services at scale. Competes in selected refrigerant categories and reclamation services globally.
• Honeywell: Through its Performance Materials and Technologies segment, Honeywell is a leading HFO refrigerant producer (Solstice, N40) targeting the same HFC phase-out opportunity. The portfolio of low-GWP replacements directly competes with RS-brand drop-in refrigerants.
• Arkema: European fluorochemicals producer with the Forane family of refrigerants, including low-GWP HFC and HFO blends. Competes in the same drop-in replacement category from a global specialty-chemical platform.
• Chemours: Major fluorochemical producer and inventor of the Opteon XL/YP family of low-GWP HFO refrigerants. Overlaps with RS only in HFC/HFO refrigerants and adjacent services but at vastly greater scale; represents the structural competitive threat from a global chemical major.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/refrigerant-services-inc-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Refrigerant Services