Chemours Co Stock Price, News & Analysis

The Chemours Company (NYSE: CC) reported third-quarter 2020 financial results, showcasing net sales of $1.2 billion and net income of $76 million, resulting in EPS of $0.46. Adjusted Net Income stood at $78 million with Adjusted EPS of $0.47. Despite a decrease in sales compared to the prior year, the company's Free Cash Flow improved to $252 million and they maintained a strong liquidity position of $1.7 billion. Chemours announced a dividend of $0.25 per share for Q4 2020. However, segments like Fluoroproducts and Chemical Solutions experienced declines in both volumes and prices, indicating ongoing market challenges.

The Chemours Company (NYSE: CC) has declared a quarterly cash dividend of $0.25 per share for the fourth quarter of 2020. This dividend will be paid on December 16, 2020 to shareholders recorded by November 16, 2020. This announcement highlights Chemours' commitment to returning value to its shareholders, reflecting confidence in its financial health and operational stability.

The Chemours Company (NYSE: CC) will release its third quarter 2020 financial results after market close on November 3, 2020. A webcast conference call is scheduled for November 4, 2020, at 8:30 a.m. EST, accessible to the public via live webcast. With a presence in over 120 countries, Chemours specializes in fluoroproducts, titanium technologies, and chemical solutions, employing approximately 7,000 personnel. The company emphasizes its commitment to responsible operations and innovation across multiple industries.

The Chemours Company (NYSE: CC) released its third annual Corporate Responsibility Commitment report, showcasing its dedication to sustainability and responsible chemistry. The report outlines ten goals aimed for completion by 2030, focusing on safety, community investment, climate action, and sustainable product offerings. Highlights include 10.4% of revenue supporting UN Sustainable Development Goals, significant reductions in greenhouse gas emissions, and nearly half of products sold in recyclable packaging. The initiative reflects Chemours' integration of corporate responsibility into business operations.

The Chemours Company (NYSE: CC) announced the retirement of Erich S. Parker, senior vice president and chief brand officer, effective October 1, 2020, after significant contributions to the brand and corporate culture. Alvenia Scarborough, previously senior director of corporate communications, will succeed him. Scarborough aims to advance Chemours' corporate narrative, growth priorities, and corporate responsibility commitments. With two decades of experience, she promises to enhance Chemours' reputation and community relations. This leadership transition highlights the company's commitment to sustainable practices and innovation.

The Chemours Company (NYSE: CC) reported second quarter 2020 financial results, revealing net sales of $1.1 billion and a net income of $24 million, equating to EPS of $0.15. Adjusted EBITDA stood at $166 million with free cash flow improving by $167 million year-over-year to $50 million. The company plans to reduce FY 2020 costs by $160 million and CAPEX by approximately $125 million. Chemours maintains $1.4 billion in liquidity, signaling resilience amid COVID-19 impacts on operations.

The Chemours Company (NYSE: CC) announced a quarterly cash dividend of $0.25 per share for Q3 2020. This dividend will be paid on September 15, 2020, to shareholders on record as of August 17, 2020. Chemours operates in titanium technologies, fluoroproducts, and chemical solutions, catering to a wide range of industries. The company is committed to sustainable practices, highlighted in its corporate responsibility report. With about 7,000 employees and 30 manufacturing sites globally, Chemours continues to focus on providing innovative solutions to its approximately 3,700 customers.

The Chemours Company (NYSE: CC) has announced its commitment to support STEM education by awarding scholarships to five Delaware students attending Historically Black Colleges and Universities (HBCUs). This initiative is part of a 13-year plan to enhance accessibility for Black students in STEM fields, with over $2 million earmarked for scholarships by 2030. The recipients for 2020 include three students receiving $40,000 scholarships and two awarded $2,500. The program aims to uplift underrepresented populations and encourage future interns.

The Chemours Company (NYSE: CC) announced plans to release its second quarter 2020 financial results on July 30, 2020, after market close. A conference call is scheduled for July 31, 2020, at 8:30 a.m. EST, allowing public access via webcast and teleconference. Chemours specializes in titanium technologies, fluoroproducts, and chemical solutions, serving over 3,700 customers worldwide. They are recognized for brands like Teflon™ and Ti-Pure™. The company emphasizes its commitment to responsible practices as noted in Newsweek's list of America's Most Responsible Companies.