The company was recognized for its achievements
in energy efficiency and waste reduction at the DOE Better
Buildings, Better Plants Summit
The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry
company with leading market positions in Titanium Technologies,
Thermal & Specialized Solutions, and Advanced Performance
Materials, was honored yesterday with two awards from the U.S.
Department of Energy’s (DOE) Better Buildings, Better Plants
initiative, which recognizes partners for outstanding
accomplishments in energy efficiency, decarbonization, water
efficiency, or waste reduction projects or practices. This is the
second year that Chemours has been recognized with both Better
Project and Better Practice awards.
“Partners in the Better Climate Challenge are industry leaders
in energy efficiency and decarbonization. As a winner of both a
Better Project and Better Practice award, The Chemours Company has
demonstrated an innovative pathway to improve energy efficiency and
reduce emissions that other organizations can learn from,” said
Carolyn Snyder, Deputy Assistant Secretary for Buildings and
Industry at the U.S. Department of Energy.
Better Practice Awards are presented to partners for innovative
and industry-leading accomplishments in implementing and promoting
practices, principles, and procedures of energy management.
Chemours received a Better Practice Award for launching an internal
bonus metric based on implementing sustained energy efficiency
projects which, in the first year of implementation, reduced energy
intensity by 3.5% company-wide. The new program improved energy
efficiency across fourteen sites through process improvements,
small capital projects, and control strategies.
The company also received a Better Project Award, which
recognizes outstanding accomplishments at individual facilities,
for achieving over $1 million in annual savings on waste disposal
costs at its Corpus Christi, Texas manufacturing site. The company
optimized the performance of an existing distillation column to
significantly increase its recycling yield—effectively reducing
waste by 60% in a single process step. The project increased yield
and recycling without sacrificing quality or catalyst integrity in
the reaction and the approach is being investigated for use at
other Chemours locations.
“We are immensely proud to be recognized by our partners at the
Department of Energy. These awards reflect the exceptional efforts
our teams have put into enhancing energy efficiency and reducing
waste at our manufacturing sites,” said Dr. Amber Wellman,
Chemours’ Chief Sustainability Officer. “As a science-based
company, sustainability is core to everything we do—be it in our
sustainable product offerings or our commitment to produce
essential chemistries responsibly. These awards serve not just as a
recognition of our success, but also as an inspiration for us to
continue pushing forward in achieving our ambitious sustainability
goals.”
As a partner in DOE's Better Plants and Better Climate
Challenge, Chemours is driving reductions in greenhouse gas
emissions and energy intensity at its U.S. sites, which align with
and support the company’s 2030 Sustainability Goals.
The 2024 Better Project, Better Practice Awards winners were
celebrated during the Better Buildings, Better Plants Summit held
in Washington, D.C.
About The Chemours Company The Chemours Company (NYSE:
CC) is a global leader in Titanium Technologies, Thermal &
Specialized Solutions, and Advanced Performance Materials providing
its customers with solutions in a wide range of industries with
market-defining products, application expertise and chemistry-based
innovations. We deliver customized solutions with a wide range of
industrial and specialty chemicals products for markets, including
coatings, plastics, refrigeration and air conditioning,
transportation, semiconductor and consumer electronics, general
industrial, and oil and gas. Our flagship products are sold under
prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™,
Viton™, Nafion™, and Krytox™. The company has approximately 6,200
employees and 28 manufacturing sites serving approximately 2,700
customers in approximately 110 countries. Chemours is headquartered
in Wilmington, Delaware and is listed on the NYSE under the symbol
CC.
For more information, we invite you to visit chemours.com or
follow us on X (formerly Twitter) @Chemours or on LinkedIn.
Forward-Looking Statements This press release contains
forward-looking statements, within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, which involve risks and uncertainties.
Forward-looking statements provide current expectations of future
events based on certain assumptions and include any statement that
does not directly relate to a historical or current fact. The words
"believe," "expect," "will," "anticipate," "plan," "estimate,"
"target," "project" and similar expressions, among others,
generally identify "forward-looking statements," which speak only
as of the date such statements were made. These forward-looking
statements may address, among other things, the outcome or
resolution of any pending or future environmental liabilities, the
commencement, outcome or resolution of any regulatory inquiry,
investigation or proceeding, the initiation, outcome or settlement
of any litigation, changes in environmental regulations in the U.S.
or other jurisdictions that affect demand for or adoption of our
products, anticipated future operating and financial performance
for our segments individually and our company as a whole, business
plans, prospects, targets, goals and commitments, capital
investments and projects and target capital expenditures, plans for
dividends or share repurchases, sufficiency or longevity of
intellectual property protection, cost reductions or savings
targets, plans to increase profitability and growth, our ability to
make acquisitions, integrate acquired businesses or assets into our
operations, and achieve anticipated synergies or cost savings, all
of which are subject to substantial risks and uncertainties that
could cause actual results to differ materially from those
expressed or implied by such statements. Forward-looking statements
are based on certain assumptions and expectations of future events
that may not be accurate or realized, such as full year guidance
relying on models based upon management assumptions regarding
future events that are inherently uncertain. These statements are
not guarantees of future performance. Forward-looking statements
also involve risks and uncertainties that are beyond Chemours'
control. Matters outside our control, including general economic
conditions, geopolitical conditions and global health events, have
affected or may affect our business and operations and may or may
continue to hinder our ability to provide goods and services to
customers, cause disruptions in our supply chains such as through
strikes, labor disruptions or other events, adversely affect our
business partners, significantly reduce the demand for our
products, adversely affect the health and welfare of our personnel
or cause other unpredictable events. Additionally, there may be
other risks and uncertainties that Chemours is unable to identify
at this time or that Chemours does not currently expect to have a
material impact on its business. Factors that could cause or
contribute to these differences include the risks, uncertainties
and other factors discussed in our filings with the U.S. Securities
and Exchange Commission, including in our Annual Report on Form
10-K for the year ended December 31, 2023. Chemours assumes no
obligation to revise or update any forward-looking statement for
any reason, except as required by law.
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INVESTORS Brandon Ontjes VP, Financial Planning &
Analysis and Investor Relations +1.302.773.3300
investor@chemours.com
Kurt Bonner, Manager, Investor Relations +1.302.773.0026
investor@chemours.com
NEWS MEDIA Cassie Olszewski Corporate Media & Brand
Reputation Leader +1.302.219.7140 media@chemours.com
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