Chemours Recognizes its 2023 Responsible Supplier Awards Recipients

Rhea-AI Summary

Chemours (NYSE: CC) announces winners of its 2023 Responsible Supplier Awards, recognizing companies for driving quality, innovation, and sustainability improvements across its supply chain. Four awards were issued, including the Star Supplier Award to Nobian. Chief Procurement Officer Sunil Naik emphasizes the crucial role of responsible procurement in guaranteeing consistent product delivery aligned with customer and community requirements.

WILMINGTON, Del.--(BUSINESS WIRE)-- The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the winners of its 2023 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. Four Responsible Supplier Awards were issued for the 2023 year. Suppliers that demonstrated the most notable year-over-year improvement in their sustainability performance are recognized in one of three categories: Logistics, Indirect Materials, and Direct Materials. The Star Supplier Award acknowledges the supplier with the highest score, regardless of category.

Selected from among more than 9,000 suppliers around the world, the winners of the 2023 Chemours’ Responsible Supplier Awards are: Nobian (Star Supplier category), Landstar System Inc. (Logistics category), Polimade SA DE CV (Indirect Materials category), and Perstorp Holding AB (Direct Materials category).

“Responsible procurement is crucial for the success of our sustainable supply chain initiative. It plays a vital role in guaranteeing our capability to responsibly and consistently produce and deliver products that align with the requirements of our valued customers and communities we operate in,” said Sunil Naik, Chief Procurement Officer at Chemours. “We consider our suppliers as integral partners, and our dedication lies in collaborating with those who embrace responsible practices and contribute value to Chemours, our customers, and our communities. The recipients this year have shown a steadfast commitment to upholding Chemours 's Supplier Code of Conduct and enhancing their corporate sustainability efforts.”

All Chemours suppliers that hold a valid sustainability scorecard are eligible for consideration. Additional information on the awards and Chemours approach to Responsible Procurement is available at chemours.com/en/supplier-center/responsible-procurement.

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, such as full year guidance relying on models based upon management assumptions regarding future events that are inherently uncertain. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. Matters outside our control, including general economic conditions and the COVID-19 pandemic, 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 Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 and 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.

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INVESTORS

Brandon Ontjes

VP, Financial Planning & Analysis and Investor Relations

+1.302.773.3300

investor@chemours.com

Kurt Bonner,

Manager, Investor Relations

+1.302.773.0026

investor@chemours.com

NEWS MEDIA

Cassie Olszewski

Corporate Media & Brand Reputation Leader

+1.302.219.7140

media@chemours.com

Source: The Chemours Company

FAQ

Who announced the 2023 Responsible Supplier Awards?

Chemours (NYSE: CC)

What is the ticker symbol for Chemours?

CC

How many awards were issued for the 2023 year?

Four awards

Who won the Star Supplier category award?

Nobian

What role does Chief Procurement Officer Sunil Naik emphasize in the PR?

The crucial role of responsible procurement in guaranteeing consistent product delivery aligned with customer and community requirements