Chemours Announces Participation in Versogen’s Improvement of Clean Hydrogen Know-how

WILMINGTON, Del.–(Small business WIRE)–The Chemours Business (“Chemours”) (NYSE: CC), a world chemistry organization with leading market positions in Titanium Systems, Thermal & Specialised Methods, and State-of-the-art Overall performance Materials, these days announced its participation in a fundraising for Wilmington, Delaware-primarily based Versogen Inc., a leader in establishing anion exchange membrane (AEM) technology for use in hydrogen creation. Started by College of Delaware professor Yushan Yan, Versogen’s AEM engineering features a trusted and affordable way to develop green hydrogen at scale.

Green hydrogen is the most promising different gas to reduce greenhouse gas emissions in transportation and other industries that primarily rely on fossil fuels. When generated through h2o electrolysis and run by renewable vitality, substantial amounts of inexperienced hydrogen can be designed although making zero emissions. This process is critical to the clear electricity changeover and meeting world-wide decarbonization goals.

“Chemours is passionate about the likely of the hydrogen financial system and our function in it, and we’re frequently wanting for options to accelerate innovation and new systems for clean electrical power,” said Denise Dignam, President, Innovative Effectiveness Elements for Chemours. “We’re enthusiastic to participate in Versogen to help ability their continued scale-up and to have the possibility to collaborate with a start-up in our yard to realize much better the synergies involving AEM technological innovation and our Nafion™ ion exchange membranes in environmentally friendly hydrogen output.”

As aspect of Chemours’ motivation to impressive and liable chemistry that permits the sustainable products and solutions of the long term, we are collaborating throughout the worth chain to provide advanced answers that address some of our customers’ and partners’ most significant difficulties. As aspect of those endeavours, Chemours is also a steering member of the Hydrogen Council and joined Hydrogen Europe and the European Clean up Hydrogen Alliance to aid comprehend the prospective of hydrogen’s part in the international vitality changeover.

About The Chemours Firm

The Chemours Enterprise (NYSE: CC) is a international leader in Titanium Systems, Thermal & Specialised Options, and State-of-the-art Functionality Elements offering its prospects with options in a extensive selection of industries with industry-defining goods, software skills and chemistry-centered improvements. We produce custom made remedies with a huge variety of industrial and specialty substances solutions for marketplaces, which includes coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, typical industrial, and oil and gas. Our flagship goods contain outstanding brand names this kind of as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The organization has approximately 6,400 staff and 29 producing websites serving approximately 3,200 shoppers in somewhere around 120 nations. Chemours is headquartered in Wilmington, Delaware and is detailed on the NYSE below the image CC.

For more info, we invite you to pay a visit to chemours.com or observe us on Twitter @Chemours or LinkedIn.

Forward-Searching Statements

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