The Chemours Company has confirmed to H2 View that it has put a $200m expansion of its fuel cell and electrolyser membrane manufacturing on hold as part of its reduction in hydrogen investments.
In its Q3 2024 results, the DuPont spin-off said a recent review of “third-party industry projections” now reflects “lower-end market demand” as well as “slower market growth through 2030” for hydrogen, with a “more uncertain growth trajectory” in the long-term.
Chemours revealed it would reduce investments under its Advanced Performance Materials business, which produces its Nafion™ membrane materials for fuel cells and electrolysers, Chemours confirmed to H2 View a major expansion plan for those materials will be halted.
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