WILMINGTON, Del.–(Small business WIRE)–The Chemours Company (“Chemours”) (NYSE: CC), a world chemistry firm with main industry positions in Titanium Technologies, Thermal & Specialized Answers, and State-of-the-art Effectiveness Materials, right now introduced its participation in a fundraising for Wilmington, Delaware-based mostly Versogen Inc., a leader in producing anion trade membrane (AEM) technological innovation for use in hydrogen generation. Started by University of Delaware professor Yushan Yan, Versogen’s AEM engineering provides a dependable and very affordable way to make green hydrogen at scale.
Environmentally friendly hydrogen is the most promising substitute gasoline to decrease greenhouse gasoline emissions in transportation and other industries that generally count on fossil fuels. When generated through drinking water electrolysis and run by renewable vitality, large quantities of green hydrogen can be designed when building zero emissions. This system is necessary to the clear strength transition and meeting world-wide decarbonization ambitions.
“Chemours is passionate about the prospective of the hydrogen financial state and our part in it, and we are consistently seeking for possibilities to speed up innovation and new systems for thoroughly clean electricity,” stated Denise Dignam, President, Advanced Functionality Supplies for Chemours. “We’re thrilled to participate in Versogen to help ability their ongoing scale-up and to have the prospect to collaborate with a start out-up in our backyard to realize improved the synergies among AEM technologies and our Nafion™ ion exchange membranes in environmentally friendly hydrogen generation.”
As section of Chemours’ motivation to innovative and accountable chemistry that enables the sustainable items of the foreseeable future, we are collaborating across the worth chain to deliver innovative alternatives that remedy some of our customers’ and partners’ largest challenges. As element of those people initiatives, Chemours is also a steering member of the Hydrogen Council and joined Hydrogen Europe and the European Clean Hydrogen Alliance to assistance know the prospective of hydrogen’s role in the international vitality transition.
About The Chemours Organization
The Chemours Business (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialised Remedies, and Innovative Overall performance Components supplying its prospects with options in a extensive selection of industries with marketplace-defining products and solutions, software skills and chemistry-dependent improvements. We provide custom-made answers with a wide range of industrial and specialty substances merchandise for markets, together with coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and customer electronics, basic industrial, and oil and gasoline. Our flagship goods include distinguished manufacturers these types of as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has around 6,400 staff members and 29 producing internet sites serving approximately 3,200 prospects in about 120 nations. Chemours is headquartered in Wilmington, Delaware and is mentioned on the NYSE less than the symbol CC.
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