NEWARK, Del., March 9, 2020 /PRNewswire/ -- The Chemours
Company (Chemours) (NYSE: CC), a
global chemistry company with leading market positions in
Fluoroproducts, Chemical Solutions and Titanium Technologies, is
today formally inaugurating its new innovation center, The Chemours
Discovery Hub, on the University of
Delaware's Science, Technology and Advanced Research (STAR)
Campus.
The state-of-the-art facility now houses more than 300 of the
company's top researchers and scientists, consolidating most of the
company's U.S. innovation efforts into one location to maximize
collaboration and efficiency. The Chemours Discovery Hub is
312,000-square feet, contains more than 130 individual laboratories
and was built over the course of 24 months without a single
lost-time safety incident.
At the Discovery Hub, Chemours will deepen its research
partnership with the University of
Delaware and perform experiments alongside professors and
students to develop new applications for its products.
Additionally, the company will use its facility to attract and
recruit potential interns, co-ops and employees.
"This is about so much more than a new R&D facility; it's
about our company's investment in young minds who will be
introduced to chemistry at the Discovery Hub, our continued
investment in Delaware, and our
investment in an innovation pipeline that will empower our
customers and change the world for the better," said Mark Vergnano, president and chief executive
officer of Chemours. "The Chemours Discovery Hub is a living symbol
of the company we are becoming – open, collaborative, imaginative,
and focused on the future. We are thrilled to see what innovations
our team will dream up in this building, all within the creative
environment of a public university."
"When we broke ground on the Chemours Discovery Hub here on the
STAR Campus two years ago, we expressed our shared vision of a
state-of-the-art research partnership that would expand the
boundaries of scientific knowledge, inspire the important work of
our talented people, and fuel our economy for years to come," said
UD President Dennis Assanis. "Today, we see that vision becoming a
reality. I am so invigorated by the incredible opportunities that
lie ahead!"
The Chemours Discovery Hub is one of the largest R&D centers
in the state of Delaware and one
of the largest R&D facilities within the chemical industry.
Some of the company's own products were used in the building's
construction. The 4,000 tons of chiller capacity are enabled by
Opteon™ low global warming potential refrigerants, and the building
is insulated with 96,000 pounds of Opteon™ spray foam. More than
2,800 gallons of paint, containing Ti-Pure™ titanium dioxide, were
used in the building's coatings. Teflon™ fluoropolymers were used
to insulate the building's 112 miles of networking cable.
More than 2,000 windows line the Discovery Hub, maximizing the
use of natural light through the building's open floorplan. More
than 1.4 million pounds of ductwork and 26 miles of piping and
tubing were installed to serve the Discovery Hub's laboratory
spaces.
The building has achieved a Three Globes rating from the Green
Globes sustainable building rating system.
"Collaboration between Delaware
employers and our educational institutions has never been more
important to the future of our economy," said Delaware Governor John
Carney. "This partnership at the STAR campus between
Chemours and the University of Delaware
will drive innovation, connect students with leaders in their
fields, and keep many of our most talented young innovators in
Delaware. This state-of-the-art
facility will also continue a long tradition of important
scientific discovery in Delaware,
and keep good, high-paying jobs right here in our state."
About The Chemours Company
The Chemours Company (NYSE:
CC) helps create a colorful, capable and cleaner world through the
power of chemistry. Chemours is a global leader in
fluoroproducts, chemical solutions, and titanium technologies,
providing its customers with solutions in a wide range of
industries with market-defining products, application expertise and
chemistry-based innovations. Chemours ingredients are found
in refrigeration and air conditioning, mining and general
industrial manufacturing, plastics and coatings. Our flagship
products include prominent brands such as Teflon™, Ti-Pure™,
Krytox™, Viton™, Opteon™, Freon™ and Nafion™. Chemours has
approximately 7,000 employees and 30 manufacturing sites serving
approximately 3,700 customers in North
America, Latin America,
Asia-Pacific and Europe. Chemours is headquartered in
Wilmington, Delaware and is listed
on the NYSE under the symbol CC. For more information please
visit chemours.com, or follow us on Twitter @Chemours, or
LinkedIn.
CONTACT:
INVESTORS
Jonathan Lock
VP, Corporate Development and Investor Relations
+1.302.773.2263
investor@chemours.com
NEWS MEDIA
David
Rosen
Global Leader, Media Relations and Strategic Communications
+1.302.773.2711
media@chemours.com
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SOURCE The Chemours Company