Chemours inaugurates world-class innovation center in Delaware

The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in Fluoroproducts, Chemical Solutions and Titanium Technologies, has formally inaugurated its new innovation center, The Chemours Discovery Hub, on the University of Delaware's Science, Technology and Advanced Research (STAR) Campus.

The state-of-the-art facility now houses more than 300 of the company's top researchers and scientists, consolidating most of the company's U.S. innovation efforts into one location to maximize collaboration and efficiency. The Chemours Discovery Hub is 312,000-square feet, contains more than 130 individual laboratories and was built over the course of 24 months without a single lost-time safety incident.

At the Discovery Hub, Chemours will deepen its research partnership with the University of Delaware and perform experiments alongside professors and students to develop new applications for its products. Additionally, the company will use its facility to attract and recruit potential interns, co-ops and employees.

"This is about so much more than a new R&D facility; it's about our company's investment in young minds who will be introduced to chemistry at the Discovery Hub, our continued investment in Delaware, and our investment in an innovation pipeline that will empower our customers and change the world for the better," said Mark Vergnano, president and chief executive officer of Chemours.

The Chemours Discovery Hub is one of the largest R&D centers in the state of Delaware and one of the largest R&D facilities within the chemical industry. Some of the company's own products were used in the building's construction. The 4,000 tons of chiller capacity are enabled by Opteon™ low global warming potential refrigerants, and the building is insulated with 96,000 pounds of Opteon™ spray foam. More than 2,800 gallons of paint, containing Ti-Pure™ titanium dioxide, were used in the building's coatings. Teflon™ fluoropolymers were used to insulate the building's 112 miles of networking cable.