Chemours Works with Authorities in Northern China to Shutdown Chemical Plant Producing Fake Viton™ FreeFlow

WILMINGTON, Del.–(BUSINESS WIRE)–$CC–Law enforcement agencies in northern China have shut down large-scale manufacturing of counterfeit Viton™ FreeFlow™ fluoroelastomer, a product falsely bearing Chemours’ trademarks, at a local chemical plant.

During an investigation at the facility, authorities discovered a substantial quantity of the fake fluoroelastomer, including 4.7 tons of finished products and 9 tons of raw materials (expected to produce approximately 20 tons of finished products), as well as packaging materials and related business documents. The value of the counterfeit products was reported to be in the millions of dollars.

The plant and its affiliated entities reportedly purchased genuine Viton™ FreeFlow™ fluoroelastomer from Chemours local subsidiaries to help mask their counterfeiting operations.

Local police, in collaboration with Chemours’ local counsel and a subsidiary, have so far apprehended two individuals who now face charges related to the illegal production and distribution of counterfeit goods. The suspects’ identities are being withheld pending further investigation.

“This operation represents a significant stride in our ongoing battle against counterfeit production and the illicit trade of fake goods,” said Eric von Brockdorff, Global Product & Business Director for Chemours. “Counterfeit goods, especially in the chemical sector, pose substantial risks to safety, product quality, and the reputation of authentic products.”

“The success of this interdiction also underscores the importance of our collaborative efforts with law enforcement agencies in combating counterfeit production,” von Brockdorff added. “It’s yet another way we put the interests of our customers and business partners first.”

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.

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Contacts

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