WILMINGTON, Del.—Add Chemours to the growing list of companies who have halted business with Russia.
Wilmington-based Chemours, a global provider of thermal solutions, advanced performance materials and specialty chemicals, operates one office in Russia, in Moscow. The company is working to ensure the safety of its employees.
"Chemours condemns the senseless violence taking place and views continuing business as inconsistent with our company values," Mark Newman, Chemours president and CEO said in a March 10 news release. "As always, we will work to meet the needs of our global customers throughout this process, however, we believe suspending business with Russian entities is the right thing to do."
The company is monitoring the situation and will adjust business plans as needed.
Additionally, Chemours is donating $100,000 to the International Committee of the Red Cross to support humanitarian efforts in the region.
"Every day we encourage our people to operate with the courage to make a difference," Newman said. "Over the past two weeks the people of the Ukraine have embodied such courage and perseverance. Now, we want to do our part and help make a difference by supporting those in need."