Opteon™ XL55 Receives Preliminary ASHRAE Classification of R-452B

Low GWP R-410A Replacement Successfully Completes Flammability and Toxicity Review

WILMINGTON, Del., March 1, 2016 – The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, announced that its Opteon™ XL55 refrigerant passed a major milestone toward commercialization by completing the flammability and toxicology review required by ANSI/ASHRAE. XL55 was given a preliminary ASHRAE number of R-452B and was recommended for an A2L safety classification. Final approval and assignment of the ASHRAE classification is expected in June 2016.

Opteon™ XL55 helps deliver an optimal balance of performance, safety and design compatibility to replace R-410A in air conditioning, chiller and heat pump applications. XL55 is a non-ozone-depleting refrigerant with a global warming potential 65 percent lower than R-410A and lower flammability properties compared with other R-410A replacements. In addition to combining low GWP with high efficiency and low flammability, Opteon™ XL55 matches R-410A capacity, making it compatible with R-410A equipment. This, combined with lower compressor discharge temperature than R-410A alternatives such as R-32, will help enable equipment manufacturers to transition their R-410A equipment platform to XL55 with minimal re-design and capital expenditure.

“The preliminary ASHRAE classification of Opteon™ XL55 is an exciting next step toward providing the industry with a safe and sustainable low GWP replacement for R-410A,” said Joseph Martinko, global business manager, Opteon™ products. “Successful completion of the flammability and toxicology testing review means that Opteon™ XL55 commercialization for the HVAC market is now on the horizon.”

Chemours initially unveiled Opteon™ XL55 at the 2015 International Congress of Refrigeration show in Yokohama, Japan. This unveiling involved Trane, a leading global provider of indoor comfort and process solutions and services and a brand of Ingersoll Rand. At the show in Yokohama, Trane exhibited the first air-cooled demonstration chiller, AquaTrine™, designed for use with Opteon™ XL55. Trane expects high performance HVAC systems to be available with next generation refrigerants like Opteon™ XL55 within the next twelve months pending regulatory approval and product commercialization.

The Opteon™ portfolio of fluorochemicals from Chemours represents a breakthrough line of low GWP solutions. They were developed to help meet increasing global HFC regulations while maintaining or improving performance compared to incumbent products. Chemours has invested millions of dollars to bring these new products to market and will continue to invest in new products and additional capacity as the need for low GWP solutions grows throughout the world.

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 8,100 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.

SOURCE The Chemours Company