Wilmington, Delaware, USA, April 10, 2019— A global chemical company with market leadership in titanium dioxide technology, fluorine products, and specialty chemicals industries——Chemours Corporation(NYSE: CC) won the Special Contribution Award for Fuel Cell Proton Exchange Membrane at the 9th China International New Energy and Intelligent Vehicle Forum 2019 held in Anting, Shanghai, an important base of the Chinese automotive industry. This award recognizes the significant contributions of Chemours Corporation and its Nafion proton exchange membrane to the new energy vehicle industry. The members of the review panel include representatives from the Asia Pacific Electric Vehicle Association, multiple new energy vehicle OEMs, and the Anting Town Government.
Nowadays, the global energy system is undergoing unprecedented transformation. Due to climate change and population growth, the global demand for clean energy continues to soar. Currently, many countries and companies are seeking cleaner ways of energy production, storage, and use to replace existing methods, such as smart grids, fuel cells, and flow battery technologies. To meet the demand for alternative energy solutions, fuel cell engine manufacturers, automotive OEMs, powertrain companies, charging operators and energy storage companies, as well as companies like Chemours, need to collaborate and innovate to develop sustainable solutions.
For over 50 years, Chemours's fluoropolymer business has been meeting the ever-changing needs of customers with industry-leading innovative fuel cell membranes and proton exchange technology. As the inventor of proton exchange membranes, Chemours is committed to developing high-performance products, ensuring stable supply to customers, and helping the energy production industry keep pace with this rapidly changing world.
As a benchmark in the field of proton exchange membranes, the Nafion product series has excellent chemical resistance, thermal stability, durability, and mechanical strength. With its unique advantages, Nafion proton exchange membranes can be used for emerging energy production applications. Recently, Chemours Company will launch its latest generation of products, which can be widely used in fields such as fuel cells, water electrolysis hydrogen, and flow batteries.
The new Nafion NC700 membrane has good durability and can significantly improve production efficiency for customers. This film product can be used in many automotive applications such as passenger cars, buses, trucks, and forklifts. The latest generation Nafion NC700 membrane from Chemours will be available for global release in May 2019.
I am pleased to represent Chemours in receiving this honor. Nafion membrane products have contributed to achieving cleaner and more sustainable energy solutions, and we are proud of this Mark Vergnano, President and CEO of Chemours Corporation, stated. The energy market is one of Chemours's key areas of focus, and we are always committed to collaborating with new energy vehicle companies to continue providing innovative solutions for today's needs and future challenges, "he added.
