The shares of The Chemours Company (NYSE: CC) experienced a notable upswing during the pre-market trading session on Monday, surging by a remarkable 31.38% to reach $32.54. This performance contrasted with its modest decline of 1.76% to $24.54 in the regular trading hours. Despite the absence of any discernible news, recent developments appear to be instrumental in fortifying the stock’s growth trajectory.
In a partnership with the National Hockey League (NHL), The Chemours Company has further expanded its admirable backing for the STEM Program that benefits students at the Drexel Neumann Academy in Chester, Pennsylvania. This collaboration, with the goal of promoting science, technology, engineering, and mathematics (STEM) education for students in grades four through eight, is commencing its second year.
The aspiration behind this endeavor is to foster the upcoming wave of chemists and material scientists who will play a crucial role in unlocking new innovations and driving progress to tackle significant sustainability issues, including those in the hockey domain. The STEM Program aspires to ignite a profound passion for learning among students and to unveil a realm of potential future career opportunities as they progress in their educational journey.
Since its inception in March 2022, approximately 100 students have had the privilege of participating in this program, reaping the benefits of educational opportunities both within and beyond the classroom, all while having access to a state-of-the-art STEM laboratory on-site. Throughout the 2022-2023 academic year, students were actively engaged with Chemours experts through monthly sessions, and they were granted the opportunity to embark on a captivating journey to the Chemours Discovery Hub in Newark, Delaware.
This visit afforded them an invaluable glimpse into the pioneering work conducted by Chemours’ distinguished scientists. The STEM Program at Drexel Neumann Academy encompasses comprehensive support, including funding for a well-equipped science laboratory. The educational experience is enriched through hands-on learning, and students receive mentorship from Chemours’ accomplished scientists and engineers, in addition to other esteemed STEM professionals and volunteers affiliated with collaborating organizations.
It is worth noting that Chemours meticulously designed this program in collaboration with the NHL as part of the company’s Corporate Responsibility Commitment, which sets forth the ambitious goal of investing $50 million to promote enhanced access to STEM education, safety, and environmental stewardship within local communities. As a testament to this commitment, a generous donation of $20,000 was recently presented to Drexel Neumann Academy during one of Chemours’ interactive learning sessions with students, which took place this summer.
