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Chemours Co (CC) delivers essential chemical solutions through its titanium technologies, fluoroproducts, and advanced performance materials. This news hub provides investors and industry professionals with timely updates on strategic developments shaping the company’s role in coatings, refrigeration, and industrial innovation.
Access authoritative coverage of Chemours’ financial announcements, product innovations, and operational milestones. Track critical updates including quarterly earnings, sustainability initiatives, and regulatory developments alongside analysis of market positioning in the chemical sector.
Our curated news collection features press releases on titanium dioxide advancements, breakthroughs in low-global-warming refrigerants like Opteon™, and partnerships driving next-generation materials for electric vehicles and data center cooling. Stay informed on leadership changes, patent filings, and industry recognition impacting Chemours’ global operations.
Bookmark this page for streamlined access to verified updates on CC’s technological advancements and financial performance. Combine real-time alerts with historical context to assess the company’s evolving market strategy.
Chemours (NYSE: CC), a global leader in chemistry, announced the winners of its 2022 Responsible Supplier Awards on March 3, 2023. Recognizing excellence in sustainability, the awards honored five companies from over 10,000 suppliers across categories including Logistics, Indirect and Direct Materials, and Capital. PT. Yosomulyo Jajag was awarded Star Supplier for the highest year-to-year improvement. Chemours emphasizes sustainability and collaboration, highlighting the importance of supplier partnerships in enhancing corporate responsibility. The company continues to assess sustainability performance annually to encourage continuous improvement.
The Chemours Company highlights the legacy of St. Elmo Brady, the first African American to earn a Ph.D. in chemistry, during Black History Month. Brady's commitment to building STEM programs at HBCUs laid the foundation for diversity in the field. Despite progress, Black Americans remain underrepresented in STEM, comprising only 9% of the workforce. Chemours aims to tackle this issue by investing in educational initiatives like the ChemFEST School Partnership Program, which promotes STEM engagement in underserved communities. The company emphasizes the need for a diverse workforce to foster innovation and address future workforce demands.
The Chemours Company (NYSE: CC) has announced its 2022 Responsible Supplier Award winners, recognizing five suppliers for their sustainability advancements in its supply chain. Selected from over 10,000 suppliers globally, the awards highlight commitments to quality, innovation, and sustainability. Categories include Logistics, Indirect Materials, Direct Materials, Capital, and a Star Supplier award for the highest year-to-year sustainability improvement. Chemours emphasizes sustainability as a core business priority, underlining the importance of collaboration with suppliers to enhance corporate sustainability performance.
Chemours and EastSide Charter School have commenced construction on a new 24,000 square foot STEM facility called the Chemours STEM Hub in Wilmington, Delaware. This initiative is backed by a $4 million grant through the ChemFEST school partnership program, intended to enhance access to STEM education for diverse student populations. The facility will not only serve as an educational resource but also function as a community center offering programs in robotics, coding, and renewable energy. Scheduled for completion by the 2024-2025 school year, the Hub aims to create a pipeline of future STEM talent, promoting skills development and career opportunities in the region.
The Chemours Company (NYSE: CC) has launched its innovative Track & Trace technology, enhancing order tracking for Ti-Pure™ Flex and Connect customers. This real-time visibility solution offers step-by-step shipment updates, improving supply chain efficiency and transparency. The beta version includes global ocean tracking and road monitoring across North America and Europe. Aditya Beri, VP of Titanium Technologies, emphasized the importance of customer-centered innovation in logistics. Chemours continues to invest in digital technologies to optimize the customer experience and maintain competitive advantage in the TiO2 market.
The Chemours Company (NYSE: CC) reported its fourth quarter and full year 2022 financial results, highlighting strong annual figures despite a challenging Q4. Full year net sales reached $6.8 billion, up 7% year-over-year, with net income of $578 million (EPS: $3.65). Adjusted EBITDA for the year was $1.36 billion, marking a 4% increase. However, Q4 net sales fell 15% year-over-year to $1.3 billion, resulting in a net loss of $(97) million (EPS: $(0.65)). Looking ahead, the company expects 2023 adjusted EBITDA between $1.20 billion and $1.30 billion.
The Chemours Company (NYSE: CC) announced a quarterly cash dividend of $0.25 per share for Q4 2022, payable on March 15, 2023, to shareholders on record as of February 24, 2023. Chemours operates in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, serving around 3,200 customers globally with products in various industries. The company's strong market position is bolstered by its flagship brands including Ti-Pure™ and Teflon™. Despite the ongoing risks from the COVID-19 pandemic, Chemours remains committed to delivering shareholder value.
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