Investment In Affiliates

12 Months Ended

Dec. 31, 2013

Investment In Joint Ventures [Abstract]

Investment In Affiliates

Note 11- Investment In Affiliates

In July 2011, the Company entered into a joint venture agreement with Safety Hi-Tech S.r.l. (“SHT”) and with the principals of Banini-Binotti Associates (“BB”). The joint venture created a new entity known as Hudson Technologies Europe, S.r.l. (“HTE”). As of December 31, 2013, the Company has divested itself of this joint venture. This divestiture did not have a material impact on the Company’s results of operations.

In August 2012, the Company entered into a joint venture agreement with SHT.  T

he joint venture has created a new entity known as Safety Hi-Tech USA, LLC (“USA”). The Company and SHT each own 50% of USA. USA’s purpose is to develop a business that provides fire suppression and suppressants throughout North America and Mexico. As of December 31, 2013, the Company has made an investment of $440,000. Operations of the joint venture through December 31, 2013, have been immaterial.