To Meet Growing Customer Needs for Thermal Management Solutions, Chemours Announces at the 2023 AHR Expo Its Intention to Bring Next Generation Refrigerants to Market for Qualification in 2025

As a leader in thermal management innovation for more than 90 years, Chemours provides a roadmap for meeting today’s needs and tomorrow’s opportunities with new product development.

The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its roadmap for next-generation thermal management solutions at the 2023 AHR Expo. This three-horizon plan includes commercial product adoption, new blend development collaboration, and next-generation product development—all of which are currently underway.

Horizon one, commercial product adoption, includes continuing the company’s commitment to supporting the adoption of its current product offerings including its Opteon™ XL and XP series of zero ozone depletion potential (ODP), low global warming potential (GWP) refrigerants, which offer the optimal balance of performance, sustainability, cost, and are classified as none or mildly-flammable refrigerants. Horizon two is focused on collaborations with customers to identify the most promising development blends with lower-GWPs to meet the coming phase downs and to support Chemours’ already robust portfolio of ultra-low GWP products such as Opteon™ YF.

Building upon the performance, safety, and sustainability profile of its Opteon™ portfolio, horizon three is the investment in the development of next-generation thermal management solutions. Chemours expects this novel fluorinated technology to balance critical properties from GWP to flammability to degradation profile and performance to meet customer needs and the evolving regulatory landscape. It is the company’s intention to have these innovative and sustainable solutions available for customer qualification in 2025.

“We are committed to fluorine chemistry and its power to enable world-changing technologies, and we believe that continued innovation will allow us to meet our customers’ need to create highly-efficient systems that consume less energy,” said Alisha Bellezza, President of Thermal & Specialized Solutions at Chemours. “We have always innovated in this space, first with Freon™ and more recently, we invented Opteon™ YF, a game-changing refrigerant solution that accelerates global sustainability initiatives. As we move forward, I am confident that we will continue our track record of developing novel solutions that strike the most advantageous balance of performance and environmental sustainability.”

Chemours’ deep knowledge of chemistry and technical capabilities allow the company to work hand in hand with customers to develop solutions to their toughest technical problems and enable the creation of products that meet market demand for more sustainable solutions.

Chemours will spotlight its Opteon™ portfolio at the 2023 AHR Expo at booth C-6425 at the Expo in Atlanta, Georgia, from Feb. 6-8, 2023.

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 6,400 employees and 29 manufacturing sites serving approximately 3,200 customers in approximately 120 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 Twitter @Chemours or LinkedIn.

Forward-Looking Statements

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INVESTORS
Jonathan Lock
SVP, Chief Development Officer
+1.302.773.2263

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Kurt Bonner
Manager, Investor Relations
+1.302.773.0026
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NEWS MEDIA
Cassie Olszewski
Media Relations and Financial Communications Manager
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Source: The Chemours Company