Protecting Fluoropolymers and Fluorinated Gases, the Building Blocks of Our Future
Our Position on PFAS
The world needs chemistry. Fluoropolymers and fluorinated gases (f-gases), power the largest industries and value chains, touching nearly every sector of the economy. They are critical solutions that will enable the energy transition, electrify transport, power AI, and battle the next pandemic. Their highly unique combination of properties gives them unmatched levels of performance. There are no alternatives that possess all these unique properties while delivering the same high level of performance.
Proposed regulations in Europe aim to restrict the manufacturing, use, and import of these and other PFAS substances on the market. Such a restriction would have a devastating impact on jobs, supply chains, the economy, and the ability to achieve EU climate, strategic autonomy, and innovation objectives. Chemours supports and advocates for a coherent regulatory approach that allows for the use of safer, better performing chemistries in the EU. We invite companies that produce or use fluoropolymers and f-gases, their customers, and their value chains to join us in this effort.
Critical Applications of Fluoropolymers and Fluorinated Gases
Fluoropolymers and f-gases are the best solutions for hundreds of important applications in our daily lives. From the transportation, medical, electronics, hydrogen, semiconductor, and industrial manufacturing industries —we rely upon these chemistries.
Fluoropolymers and F-Gases Come to Life
In Dordrecht we have already invested a lot in new technology and innovation to reduce emissions to air and water.
We have invested in new installations, like a wastewater treatments installation as well as a carbon filter installation for emissions to air, which have reduced some of our emissions considerably.
Judy: I'm Judy Shaw for NYSE Floor Talk. Joining me today is Mark Newman. He is CEO of Chemours. Mark it is wonderful to have you here today. Thanks for joining me.
Mark: Thanks for having me, Judy. Delighted to be on the New York Stock Exchange with you thank you.
Judy: Thank you. So now Mark, Chemours brands itself as a different kind of chemistry company and you've demonstrated how that chemistry is supporting innovations of today and tomorrow. Tell me how is chemistry impacting these technologies and driving sustainability forward.
Mark: Yeah, so our chemistry is essential to so much of what is in daily life today. Your cell phone, the fact that this room is cool, the paint on the wall, but what's fascinating is that we're so much integral to the future, to clean energy, to advanced electronics, to low global warming or more sustainable refrigerants. So, we're involved in so many things that relate to climate and energy and to advanced electronics which is key to the future.
Judy: Okay so tell me what role do you think companies should play when it comes to addressing climate change?
Mark: You know I think it's about your portfolio of products. A significant portion of our products are tied to UN's sustainable development goals, but also, it's about your own footprint and our own responsible manufacturing. And you know we've set out to reduce our Scope 1 and 2 emissions by 60% by 2030, despite having a significant growth trajectory.
Judy: Mark what's next for Chemours? Where do you see the industry going in the near term?
Mark: You know so much of our future is tied to growth around sustainable refrigeration, sustainable thermal management, let me call it that. You know whether it's heat pumps to get off natural gas in Europe, whether it's how you cool or heat an electric vehicle, it's about advanced electronics. You know, we're integral to the U.S. semicon. We're the only U.S. producer of PFA which is vital to the semicon industry. And then we have a whole future ahead of us in clean energy. Both electric vehicles and hydrogen which is just fascinating. So, a lot more to come on our future growth and us being a contributor to society through our vision of creating a better world through the power of our chemistry.
Judy: All right, well, I have to say that I'm very glad that you play a role in what's keeping us cool here today because I know it's a scorcher outside.
Mark: It is and you know it's a growing part of our business. More responsible thermal management.
Judy: All right, well, wonderful to have you on floor talk thanks for coming by.
Mark: Thanks Judy, great to be here.
To learn more about how to get involved, contact us.