Chemours: Creating a More Sustainable, Circular Future

Rhea-AI Summary

Chemours, a global leader in performance chemistry, has released its 2023 Sustainability Report, showcasing progress in resource efficiency and circularity. A key highlight is the international F-gas Lifecycle Program launched by its Thermal & Specialized Solutions business. This initiative aims to advance the recovery, reclaim, and reuse of fluorinated gases across Chemours' product portfolios, including Opteon™, Freon™, and FM-200™.

The program supports Chemours' commitment to a circular economy and aligns with UN Sustainable Development Goals. It also contributes to net zero objectives through emission reduction. Joe Martinko, President of Thermal & Specialized Solutions, emphasized the program's importance in reducing emissions throughout the product lifecycle. F-gases offer advantages over 'natural' alternatives, as they can be recovered, reclaimed, and reused across multiple applications, maximizing resource efficiency and minimizing waste.

Positive

• Launch of international F-gas Lifecycle Program to advance recovery, reclaim, and reuse of fluorinated gases
• Program supports circular economy and aligns with UN Sustainable Development Goals
• Contributes to net zero objectives through emission reduction
• F-gases offer advantages in resource efficiency and waste minimization compared to 'natural' alternatives

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / August 26, 2024 / The Chemours Company

Chemours, a global leader in delivering innovative performance chemistry, recently released its latest Sustainability Report, highlighting last year's achievements on the company's sustainability journey-including progress towards greater resource efficiency and circularity.

For example, in 2023 the company's Thermal & Specialized Solutions business-a market leader in producing refrigerants, thermal management solutions, propellants, blowing agents, and specialty solvents-created an international F-gas Lifecycle Program across the Americas, Asia, and Europe. The program aims to advance the global recovery, reclaim, and reuse of fluorinated gases (F-gases) safely across Chemours' low global warming potential (GWP) Opteon™ products, Freon™ refrigerants, and FM-200™ portfolios.

This program, which began as region and country-specific initiatives, now includes global oversight to drive additional adoption, partnerships, and reclamation. As part of the program, Chemours will complete a global review to identify opportunities for expansion and increased collaboration. This work reinforces Chemours' commitment to supporting a global circular economy and the United Nations' Sustainable Development Goals. It also advances the net zero objectives of Chemours, broader industry, and global legislative bodies through overall emission reduction.

Joe Martinko, President of Thermal & Specialized Solutions at Chemours, emphasized the importance of the program, stating, "We have committed to, and are advancing, significant emission reduction within our gates. Now, we're expanding our focus to emission reduction throughout the product lifecycle."

F-gases, unlike many "natural" alternatives like ammonia or propane, can be recovered, reclaimed, and reused across multiple applications. This maximizes resource efficiency while minimizing waste and lowering emissions.

"This international F-gas Lifecycle Program will help advance circularity and sustainability around the world, ultimately supporting global climate targets and minimizing impact on our shared planet," Martinko added.

In addition to offering the potential for circularity, Chemours' portfolio of F-gas technologies plays an important role in decarbonization applications and delivers significant socioeconomic value through innovation, reliability, safety, and efficiency.

Learn more about Chemours sustainability and circularity efforts in its 2023 Sustainability Report titled, "Partnering for Progress."

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

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FAQ

What is Chemours' international F-gas Lifecycle Program?

Chemours' international F-gas Lifecycle Program is a global initiative launched in 2023 to advance the recovery, reclaim, and reuse of fluorinated gases (F-gases) safely across their low global warming potential product portfolios, including Opteon™, Freon™, and FM-200™.

How does Chemours' F-gas Lifecycle Program contribute to sustainability?

The program contributes to sustainability by supporting a circular economy, aligning with UN Sustainable Development Goals, and advancing net zero objectives through emission reduction. It maximizes resource efficiency and minimizes waste by enabling F-gases to be recovered, reclaimed, and reused across multiple applications.

What advantages do F-gases offer over 'natural' alternatives according to Chemours (CC)?

According to Chemours, F-gases can be recovered, reclaimed, and reused across multiple applications, unlike 'natural' alternatives like ammonia or propane. This characteristic maximizes resource efficiency while minimizing waste and lowering emissions.

What is the focus of Chemours' (CC) 2023 Sustainability Report?

Chemours' 2023 Sustainability Report, titled 'Partnering for Progress,' highlights the company's achievements in sustainability, focusing on progress towards greater resource efficiency and circularity, including the launch of the international F-gas Lifecycle Program.