Logo Hydrogen Tech World Essen

Chemours to invest $200 million in its Nafion ion exchange materials

Share on twitter
Share on linkedin
Share on facebook
Share on xing
Share on whatsapp
Share on email
Chemours has announced a planned USD 200 million investment to increase capacity and advance technology for its Nafion ion exchange materials. The investment will support growing demand for green hydrogen production, energy storage, and hydrogen conversion to power fuel cells.

The investment will focus on the Nafion™ ion exchange materials technology platform, whose chemical properties can help generate clean hydrogen from water electrolysis. Nafion™ proton exchange membranes are used in fuel cells to convert hydrogen to power instantly, making fleets of zero-emission fuel cell-powered trucks, buses, trains, and cars a reality. And Nafion™ ion exchange materials enable flow batteries to store excess renewable energy and convert it back to electricity, helping to solve the challenge of renewable power intermittency.

Denise Dignam, President of Advanced Performance Materials at Chemours, said: “Fueled by government and industrial investment and carbon-neutral secular trends, the Hydrogen Economy is at a critical juncture, and investment is needed to support our strategic partners to deliver against those ambitious goals. Our Nafion™ membrane technology is the heart of hydrogen power generation, storage, and use. Built on more than 50 years of experience, this planned new investment will further support the growth of Chemours’ partners, the overall Hydrogen Economy, and positions Chemours as a major industry player.”

Share on linkedin
Share on twitter
Share on whatsapp
Share on xing
Share on email
Share on facebook
HTW Editorial Team

HTW Editorial Team

News brought to you by our editorial team. We are a knowledge platform – driving technology to the global hydrogen community. If you wish to contribute your press, please contact us.