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WKN: A14RPH | ISIN: US1638511089 | Ticker-Symbol: 2CU
Tradegate
20.12.24
17:17 Uhr
16,790 Euro
-0,070
-0,42 %
Branche
Chemie
Aktienmarkt
S&P MidCap 400
1-Jahres-Chart
CHEMOURS COMPANY Chart 1 Jahr
5-Tage-Chart
CHEMOURS COMPANY 5-Tage-Chart
RealtimeGeldBriefZeit
16,65017,07023.12.
16,73016,99023.12.
ACCESSWIRE
287 Leser
Artikel bewerten:
(1)

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

Finanznachrichten News

NORTHAMPTON, MA / ACCESSWIRE / March 21, 2024 / The Chemours Company

Two project grants will support development of next-generation membranes for PEM water electrolysis and developing a circularity infrastructure for clean hydrogen materials

Chemours, a global chemistry company, 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.

Chemours is the lead recipient on a project entitled "Durable, High-Performance Membranes for Proton Exchange Membrane Water Electrolysis", where the company will leverage its technical expertise to develop a low-resistance Nafion membrane that demonstrates high levels of durability in a PEM electrolyzer stack. The project's goals include creating products that can be manufactured cost-effectively at scale, a significant challenge the hydrogen industry faces today. Chemours was also named a project partner in H2CIRC, a new consortium dedicated to producing a blueprint for the hydrogen industry to efficiently and sustainably recover and recycle materials and components from fuel cells and electrolyzers.

"Chemours is committed to using the power of its chemistry to advance the clean energy transition and hydrogen economy. Selection by the U.S. Department of Energy for these grants furthers our leading role and builds on the public, private, and academic partnerships whose collaborative efforts support the global adoption of hydrogen as a clean energy source," said Stefanie Kopchick, Hydrogen Business Venture Leader at Chemours. "Our Nafion ion exchange membranes play a critical role in driving the hydrogen economy and helping to create a more sustainable future, and these funds will help to accelerate their further development as well as taking a proactive approach to building an infrastructure supporting circularity of fuel cells and electrolyzers."

The grants announced by the DOE under the Bipartisan Infrastructure Law are part of $750 million in funding for projects to advance hydrogen technologies and improve manufacturing and recycling capabilities for clean hydrogen systems and components. The funding directly supports the national clean hydrogen strategy outlined in the U.S. National Clean Hydrogen Strategy and Roadmap which emphasizes cost reduction, manufacturing, supply chains, and domestic jobs.

"At Chemours, our advanced chemistry and technology are at the heart of the hydrogen economy and essential to producing and deploying clean hydrogen," said Gerardo Familiar, President of Advanced Performance Materials at Chemours. "We have a unique place in the hydrogen supply chain as the leading global supplier of ionomers and membranes for PEM electrolysis, the only domestic manufacturer of ion exchange materials, and a key project partner in the Appalachian Regional Clean Hydrogen Hub (ARCH2) under the U.S. DOE's Regional Clean Hydrogen Hub initiative. As such, we must look further into the future and take a responsible approach to building and maintaining this evolving industry. Enabling the circularity of the materials necessary to produce clean hydrogen well into the future will be essential to this effort and aligns with our longstanding sustainability values."

To learn more about the recent hydrogen funding selections and grants, visit the DOE's Hydrogen and Fuel Cell Technology Office.

View additional multimedia and more ESG storytelling from The Chemours Company on 3blmedia.com.

Contact Info:
Spokesperson: The Chemours Company
Website: https://www.3blmedia.com/profiles/chemours-company
Email: info@3blmedia.com

SOURCE: The Chemours Company



View the original press release on accesswire.com

© 2024 ACCESSWIRE
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