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Classified in: Science and technology, Business
Subjects: BLK, CSR

Chemours Expands its Future of Chemistry Scholarships Program, Awarding Six Scholarships to STEM Students at HBCUs


WILMINGTON, Del., July 15, 2019 /PRNewswire/ -- The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in fluoroproducts, titanium technologies, and chemical solutions, today awarded scholarships to six Delaware students who will study science, technology, engineering, or mathematics (STEM) fields at historically black colleges and universities (HBCUs) in the fall.

The six Chemours Future of Chemistry Scholarships are part of the company's commitment to deliver $400,000 in scholarships over three years to talented, high-potential young people who live in communities where the company operates. More broadly, as part of the company's Corporate Responsibility Commitments, Chemours has pledged to invest $50 million by 2030 in safety and sustainability programs and to broaden access to STEM education.

"At Chemours, we believe that everyone ? not just a privileged few ? should have access to STEM education. These scholarships reflect our commitment to that idea, as well as our bedrock belief that an inclusive and diverse workforce is a more innovative, productive and effective workforce," said Mark Vergnano, president and chief executive officer of Chemours. "We're proud to invest in these young people who have chosen STEM studies as their path to a bright future."

Four students have been awarded scholarships of $10,000 each year for the next four years:

Two students have been awarded one-time scholarships of $2,500:

Chemours launched its Future of Chemistry Scholarship program last year through a partnership with the City of Wilmington and Mayor Mike Purzycki's signature initiative, the Wilmington HBCU College Fair Program, which identifies talented students for admission to HBCUs. Last year, the company awarded one scholarship, for $10,000 each year for four years, to Iyana Cain of Wilmington, who is now a student at Delaware State University.

Further demonstrating its commitment to the community and to STEM education, the company is building a $150 million research and innovation center on the University of Delaware's STAR Campus ? the Chemours Discovery Hub, scheduled to open in 2020. Once construction is complete, 350 of the company's research scientists will work alongside students and professors in a creative environment of a public university.

About Chemours

The Chemours Company (NYSE: CC) 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 general industrial manufacturing. Our flagship products include prominent brands such as Teflontm, Ti-Puretm, Krytoxtm, Vitontm, Opteontm, Freontm and Nafiontm. Chemours published its first corporate responsibility commitment report in 2018, which highlights goals aligned with the United Nations Sustainable Development Goals. The company has approximately 7,000 employees and 28 manufacturing sites serving approximately 3,700 customers in over 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

For more information, we invite you to visit chemours.com or follow us on Twitter @Chemours or LinkedIn 

CONTACT:

INVESTORS 
Jonathan Lock 
VP, Corporate Development and Investor Relations 
+1.302.773.2263 
[email protected] 

NEWS MEDIA 
David Rosen
Executive and Financial Communications Manager
+1.302.773.2711
[email protected]

SOURCE The Chemours Company


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