Chemours Receives U.S. EPA SNAP Listing for Opteon™ XP30

Refrigerant Provides Optimal Low Global Warming Potential Solution for New and Retrofit Chiller Applications

WILMINGTON, DE., June 16, 2016 – The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, announced today that its Opteon™ XP30 refrigerant received SNAP listing from the U.S. EPA for new and retrofit chiller applications.

The SNAP approval paves the way for chiller OEMs to introduce new products that incorporate the refrigerant to help reduce environmental impact and achieve performance. The new refrigerant will provide the industry with a low global warming potential (GWP) option to replace R-123, as R-123 is subject to phase-out under the Montreal Protocol and will be not be used in new equipment in the U.S. and other countries starting in 2020.

Opteon™ XP30 is a low GWP (under 2), hydrofluoro-olefin (HFO) based refrigerant that is safe, non-flammable, efficient and thermally stable. It has a pending ASHRAE number of R-514A, which is expected to be final in June, and is an HFO-1336mzzZ based blend.

Trane, a leading global provider of indoor comfort solutions and services and a brand of Ingersoll Rand, announced that in 2017, it will offer its small tonnage CenTraVac™ chillers for markets like office and municipal buildings with a choice of current, high efficiency refrigerant, R-123 or with R-514A. Trane will also offer a service option that requires minimal rework to convert existing CenTraVac to R-514A.

“Our customers require us to be on the cutting edge of technology so that they can meet the challenges that face them in the years ahead,” said Diego Boeri, global business director Chemours Fluorochemicals. “As the latest innovation in our low GWP portfolio, Opteon™ XP30 provides a long term solution to the low pressure chiller market with its optimal balance of efficiency, safety, performance and sustainability.”

The SNAP listing followed Chemours’ announcement in November of 2015 that the company had officially broken ground on the world’s first full-scale production facility for HFO-1336mzzZ. The new site, with expected production beginning mid-year 2017, will provide increased capacity for low GWP refrigerants and foam blowing agents.

As the leading industry supplier of more environmentally sustainable refrigerants, Chemours has invested hundreds of millions of dollars to offer customers new products with no ozone depletion and low global warming potential. The company has announced plans to invest hundreds of millions more in the next five years to bring online additional capacity of these more sustainable, high-performance products that serve a wide range of applications.

For more information visit us at Opteon.com.

About The Chemours Company
The Chemours Company (NYSE: CC) helps create a colorful, capable and cleaner world through the power of chemistry. Chemours is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. Our flagship products include prominent brands such as Teflon™, Ti-Pure™, Krytox™, Viton™, Opteon™ and Nafion™. Chemours has approximately 8,000 employees across 35 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC. For more information please visit chemours.com or follow Chemours on Twitter at @chemours.

SOURCE: The Chemours Company