Chemours Announces Participation in Versogen’s Development of Clean Hydrogen Technology

Continues Chemours’ focus on advancing sustainable innovation in hydrogen production via water electrolysis

16-May-2022 - USA

The Chemours Company announced its participation in a fundraising for Wilmington, Delaware-based Versogen Inc., a start-up in developing anion exchange membrane (AEM) technology for use in hydrogen production. Founded by University of Delaware professor Yushan Yan, Versogen’s AEM technology offers a reliable and affordable way to produce green hydrogen at scale.

pixabay.com

Symbolic image

Green hydrogen is the most promising alternative fuel to reduce greenhouse gas emissions in transportation and other industries that primarily rely on fossil fuels. When produced through water electrolysis and powered by renewable energy, large amounts of green hydrogen can be made while generating zero emissions. This process is essential to the clean energy transition and meeting global decarbonization goals.

“Chemours is passionate about the potential of the hydrogen economy and our role in it, and we're constantly looking for opportunities to accelerate innovation and new technologies for clean energy,” said Denise Dignam, President, Advanced Performance Materials for Chemours. “We’re excited to participate in Versogen to help power their continued scale-up and to have the opportunity to collaborate with a start-up in our backyard to understand better the synergies between AEM technology and our Nafion™ ion exchange membranes in green hydrogen production.”

Other news from the department business & finance

Most read news

More news from our other portals

So close that even
molecules turn red...

Something is happening in the chemical industry ...

This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.