Chemours Announces the Winners of Its 2022 Responsible Supplier Awards

Rhea-AI Summary

Chemours (NYSE: CC), a global leader in chemistry, announced the winners of its 2022 Responsible Supplier Awards on March 3, 2023. Recognizing excellence in sustainability, the awards honored five companies from over 10,000 suppliers across categories including Logistics, Indirect and Direct Materials, and Capital. PT. Yosomulyo Jajag was awarded Star Supplier for the highest year-to-year improvement. Chemours emphasizes sustainability and collaboration, highlighting the importance of supplier partnerships in enhancing corporate responsibility. The company continues to assess sustainability performance annually to encourage continuous improvement.

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• Recognition of five suppliers from over 10,000 showcases Chemours' commitment to sustainability.
• The Responsible Supplier Awards promote excellence in supply chain sustainability.
• The Star Supplier designation for PT. Yosomulyo Jajag indicates strong supplier performance.

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• None.

WILMINGTON, DE / ACCESSWIRE / March 3, 2023 / The Chemours Company ("Chemours") (NYSE:CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, recently announced the winners of its 2022 Responsible Supplier Awards.

Chemours' annual Responsible Supplier Award acknowledges the companies that have distinguished themselves by driving quality, innovation, and sustainability improvements across Chemours' supply chain. Five companies are recognized -one in each of the four categories of Logistics, Indirect Materials, Direct Materials, Capital, and one Star Supplier. The Star Supplier award recognizes the supplier with the largest year-to-year improvement in its overall score among all categories in the sustainability assessment carried out by EcoVadis, Chemours' sustainability rating partner.

Selected from among more than 10,000 suppliers around the world, the winners of the 2022 Chemours' Responsible Supplier Awards are PT. Yosomulyo Jajag (Star Supplier category), H.Essers (Logistics category), Rockwell Automation Inc (Indirect Materials category), Twin Eagle Resource Management LLC (Direct Materials category), and Worley (Capital category).

"At Chemours, sustainability is a business priority, and to reach our sustainable supply chain goal, we understand the need to harness the power of collaboration," said Sunil Naik, VP, Chief Procurement Officer at Chemours. "Each of these companies demonstrated a commitment to meeting Chemours' Supplier Code of Conduct and an improvement in their sustainability performance, as well as a remarkable long-term partnership. We recognize and appreciate their efforts and how they have become partners beyond the supply of goods or services to showcase their commitment to improving their corporate sustainability performance."

Chemours assesses its suppliers' sustainability performance on an annual basis.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products are sold under prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,600 employees and 29 manufacturing sites serving approximately 2,900 customers in approximately 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.

Forward-Looking Statements

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, the outcome or resolution of any pending or future environmental liabilities, the commencement, outcome or resolution of any regulatory inquiry, investigation or proceeding, the initiation, outcome or settlement of any litigation, changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, anticipated future operating and financial performance for our segments individually and our company as a whole, business plans, prospects, targets, goals and commitments, capital investments and projects and target capital expenditures, plans for dividends or share repurchases, sufficiency or longevity of intellectual property protection, cost reductions or savings targets, plans to increase profitability and growth, our ability to make acquisitions, integrate acquired businesses or assets into our operations, and achieve anticipated synergies or cost savings, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. In addition, the COVID-19 pandemic has significantly impacted the national and global economy and commodity and financial markets, which has had and we expect will continue to have a negative impact on our financial results. The full extent and impact of the pandemic is still being determined and to date has included significant volatility in financial and commodity markets and a severe disruption in economic activity. The public and private sector response has led to travel restrictions, temporary business closures, quarantines, stock market volatility, and interruptions in consumer and commercial activity globally. Matters outside our control, including general economic conditions, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2022. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.

INVESTORS
Jonathan Lock
SVP, Chief Development Officer
investor@chemours.com

Kurt Bonner
Manager, Investor Relations
investor@chemours.com

NEWS MEDIA
Cassie Olszewski
Media Relations and Financial Communications Manager
media@chemours.com

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Contact Info:
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SOURCE: The Chemours Company

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FAQ

What are the 2022 Responsible Supplier Awards announced by Chemours?

The Responsible Supplier Awards recognize suppliers that excel in quality, innovation, and sustainability improvements.

Who won the Star Supplier award in Chemours' Responsible Supplier Awards?

PT. Yosomulyo Jajag won the Star Supplier award for the most significant year-to-year improvement in sustainability performance.

How many suppliers were considered for the Chemours Responsible Supplier Awards?

Over 10,000 suppliers were evaluated for the 2022 Responsible Supplier Awards.

What categories were included in the 2022 Responsible Supplier Awards?

The categories included Logistics, Indirect Materials, Direct Materials, and Capital.

What does Chemours assess to determine its suppliers' sustainability performance?

Chemours assesses sustainability performance annually using a sustainability rating partner, EcoVadis.