Welcome to our dedicated page for Chemours Co news (Ticker: CC), a resource for investors and traders seeking the latest updates and insights on Chemours Co stock.
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' Washington Works site has awarded scholarships to five local students as part of its Future of Chemistry Scholarship program. These scholarships aim to support students pursuing STEM (Science, Technology, Engineering, Mathematics) education. The initiative is part of Chemours' broader commitment to invest $50 million in safety, sustainability, and STEM education programs by 2030. The scholarships range from $7,000 to $10,000 per year and are renewable. The recipients will attend either West Virginia University - Parkersburg or Ohio University. Chemours also collaborates with local schools and organizations to promote STEM education and offers Co-Op opportunities for college students.
Chemours is actively involved in developing and diversifying the STEM workforce to meet the growing demand for STEM jobs in the United States. The company focuses on attracting early-career talent through internship programs and investments in STEM education, aiming to build a strong and diverse workforce. By emphasizing partnerships and scholarship programs, Chemours is committed to fostering a diverse talent pool in STEM fields.
Chemours' Earth Month efforts demonstrated the company's commitment to environmental sustainability with activities like habitat renewal, biodiversity fostering, and waste clean-up across various global sites. Employees participated in educational sessions, volunteer work, tree planting, trash collection, and habitat improvement, showcasing a dedication to environmental stewardship year-round.
The Chemours Company (NYSE: CC), a global chemistry company, announced the discontinuation of U.S. sales of Freon™ 404A and 507 in support of global environmental initiatives. The decision aligns with regulatory phasedowns of hydrofluorocarbons (HFCs) and will take effect on May 2, 2024. Chemours plans to facilitate the industry transition to lower GWP solutions while continuing to invest in research and development for next-generation refrigerants.
The Chemours Company reported its financial results for the first quarter of 2024, with net sales at $1.4 billion, a 12% decrease year-over-year. Net income was $52 million, down from $145 million in the prior-year quarter, and adjusted EBITDA was $193 million compared to $304 million. The company highlighted specific factors affecting performance in each segment, such as cost reductions in the Titanium Technologies segment and increased demand for Opteon™ products in Thermal & Specialized Solutions. Additionally, the Advanced Performance Materials segment experienced a decline in net sales and adjusted EBITDA, primarily due to weak demand in certain markets.
The Chemours Company (NYSE: CC) announced a quarterly cash dividend of $0.25 per share for the second quarter of 2024. The dividend will be paid on June 14, 2024, to stockholders of record as of May 15, 2024.
FAQ
What is the current stock price of Chemours Co (CC)?
What is the market cap of Chemours Co (CC)?
