The agreement includes new opportunities for students, as well as workforce development
WILMINGTON, Del. & INSTITUTE, W.Va.--(BUSINESS WIRE)-- West Virginia State University and The Chemours Company (Chemours), a global chemistry company, have signed a memorandum of understanding to promote the advancement of chemistry and chemical engineering education, and workforce development.
As part of the partnership, Chemours will provide internships and co-op opportunities for WVSU students and work with WVSU on efforts to increase interest in STEM education at the elementary and high school levels. Chemours will also provide funding for research-related, STEM, or workforce development projects involving students and faculty, as well as scholarship opportunities.
WVSU will participate in STEM outreach efforts with Chemours and co-host campus seminars for recruiting efforts for intern, co-op, and permanent roles. Additionally, as part of the three-year agreement, WVSU and Chemours will look for opportunities to pursue government funding in areas of mutual interest.
“We are excited to engage in this partnership with one of the world’s leading chemical companies because of the opportunities it will provide our students and faculty,” said WVSU President Ericke S. Cage. “This partnership will benefit not only Chemours and WVSU, but the state of West Virginia through providing advanced knowledge of the growing STEM fields to middle and high school students who will be the workforce of tomorrow. We thank Chemours for including WVSU as part of its commitment to build a sustainable talent pipeline to support the STEM workforce.”
“Shaping the future of the world through the power of chemistry requires great innovators and problem solvers from all backgrounds. Chemours is committed to ensuring more students have exposure and access to STEM education and professional development opportunities, in hopes that one day they join us in helping to create a better world through the power of our chemistry,” said Randal King, Vice President of Technology for Chemours. “We look forward to sharing our passion for chemistry as we engage and deepen our relationship with the students and faculty at WVSU.”
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,200 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.
About West Virginia State University
West Virginia State University is a public, land grant, historically black university, which has evolved into a fully accessible, racially integrated, and multi-generational institution, located in Institute, W.Va. As a “living laboratory of human relations,” the university is a community of students, staff, and faculty committed to academic growth, service, and preservation of the racial and cultural diversity of the institution. Its mission
is to meet the higher education and economic development needs of the state and region through innovative teaching and applied research.
This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, the outcome or resolution of any pending or future environmental liabilities, the commencement, outcome or resolution of any regulatory inquiry, investigation or proceeding, the initiation, outcome or settlement of any litigation, changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, anticipated future operating and financial performance for our segments individually and our company as a whole, business plans, prospects, targets, goals and commitments, capital investments and projects and target capital expenditures, plans for dividends or share repurchases, sufficiency or longevity of intellectual property protection, cost reductions or savings targets, plans to increase profitability and growth, our ability to make acquisitions, integrate acquired businesses or assets into our operations, and achieve anticipated synergies or cost savings, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. In addition, the current COVID-19 pandemic has significantly impacted the national and global economy and commodity and financial markets, which has had and we expect will continue to have a negative impact on our financial results. The full extent and impact of the pandemic is still being determined and to date has included significant volatility in financial and commodity markets and a severe disruption in economic activity. The public and private sector response has led to travel restrictions, temporary business closures, quarantines, stock market volatility, and interruptions in consumer and commercial activity globally. Matters outside our control have affected our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and in our Annual Report on Form 10-K for the year ended December 31, 2021. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.
SVP, Chief Development Officer, Chemours
Manager, Investor Relations, Chemours
Media Relations and Financial Communications Manager, Chemours
Assistant Vice President, University Relations, WVSU