Chemours and BWT FUMATECH form joint venture for fuel cell membranes

Chemours and BWT FUMATECH Mobility GmbH have announced a 50-50 joint venture, THE Mobility F.C. Membranes Company GmbH, to manufacture heavy-duty fuel cell membranes. The JV, located in Germany, will ramp up capacity within 12 months of startup.

“The companies estimate that within 12 months of startup, the joint venture will be able to ramp up the capacity of manufacturing heavy-duty humidifier and fuel cell membranes for strategic long-term customers.”chemours.com

• 2 sources
• chemours.comChemours Announces Joint Venture Agreement with BWT ...Press ReleaseOct 10, 2022
• business.newportvermontdailyexpress.comUser | newportvermontdailyexpress.com - Chemours Announces Joint Venture Agreement with BWT to Enable the Capacity and Innovation Required by the Transportation Fuel Cell MarketThe Chemours CompanyOct 10, 2022

Summarized from public sources; check the original articles before acting on it.