The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the requisite European Commission and the People's Republic of China State Administration for Market regulatory approvals are now in place to launch operations at its joint venture with BWT FUMATECH Mobility GmbH, known as THE Mobility F.C. Membranes Company GmbH – A BWT Chemours Company. FUMATECH BWT GmbH is an established player in multiple hydrogen markets focused on membrane manufacturing in the field of fuel cell technology.
The 50-50 joint venture focuses on integrating the unique capabilities, resources, and technological expertise of each company to elevate and accelerate the capacity to manufacture fuel cell and humidifier membranes for mobility applications for long-term customers. By leveraging the best of each partner's complementary assets, THE Mobility F.C. Membranes Company GmbH – A BWT Chemours Company will expedite the supply of HDFC membranes to original equipment manufacturers (OEMs), helping to meet the demand for these membranes that are critical to fully scaling the global hydrogen economy.
Chemours and BWT FUMATECH have more than 85 years of experience in fuel cell innovation. Chemours inventor of Nafion™ ion exchange membranes, dispersions, and resins, which are fundamental to the hydrogen economy — possesses deep expertise in producing the building blocks of high-performance membranes. The company also maintains an ongoing commitment to responsible manufacturing, minimizing the environmental impacts of its operations and driving long-term sustainability goals. Located in Germany, THE Mobility F.C. Membranes Company – A BWT Chemours Company will cooperate with FUMATECH BWT GmbH — a subsidiary of the private, Austrian-based BWT Group — and its existing production technology and line operations to use Chemours Nafion™ ion exchange materials in creating industry-leading end-product membranes.