Chemours Expects Opteon™ Portfolio to Reduce Greenhouse Gas by 325 Million Tons by 2025
Wilmington, Del. — The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with market positions in titanium technologies, fluoroproducts and chemical solutions, announced today that it has increased the expected greenhouse gas reduction provided by its Opteon™ portfolio by over 8 percent. The company now expects that its low global warming potential (GWP) product line will eliminate an estimated 325 million tons CO2 equivalent by 2025 on a global basis.
This new announcement comes in support of today’s call from global leaders of more than 100 countries to amend the Montreal Protocol in order to accelerate the phasedown of hydrofluorocarbons (HFCs). The proposed amendment would include an early first reduction step for Article 2 countries and an early freeze date for Article 5 countries.