Chemours and Partners Selected for $60M in U.S. Department of Energy Grants to Support Continued Advancement of Global Hydrogen Economy

WILMINGTON, Del.--(BUSINESS WIRE)-- The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected two of its applications for grants totaling $60 million. These grants will be used by Chemours and its partners for the advancement of technology to support next-generation membranes for proton exchange membrane (PEM) water electrolysis to advance a domestic hydrogen economy supply chain and establish a new Recovery and Recycling Consortium dedicated to enabling the circularity of PEM electrolyzers and fuel cells. These selections validate Chemours’ leadership and expertise as a responsible manufacturer of high-quality, durable ionomers and membranes.