The Chemours Company Agrees to Sell Former Titanium Dioxide Site in Taiwan
Rhea-AI Summary
Chemours (NYSE: CC) signed definitive agreements on Jan. 15, 2026 to sell the remaining land at its former titanium dioxide manufacturing site in Kuan Yin, Taiwan to an ownership group including Century Wind Power, Century Iron & Steel Industrial, and Century Huaxin Wind Energy.
The land sale is expected to generate approximately $360 million in gross cash proceeds, prior to customary taxes and fees, and is expected to substantially close by mid‑year 2026 subject to local regulatory approval, inclusive of environmental conditions. The company said it will apply the cash proceeds to reduce its debt obligations.
Positive
- Transaction expected to generate $360 million in gross cash proceeds
- Proceeds will be applied to reduce debt obligations
- Expected substantial close by mid‑year 2026, providing a clear near‑term timeline
Negative
- Proceeds are gross and subject to customary taxes and fees, reducing net cash received
- Closing is subject to local regulatory approval and environmental conditions, risking delays or conditions
News Market Reaction
On the day this news was published, CC gained 4.01%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.7% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $96M to the company's valuation, bringing the market cap to $2.49B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CC gained 1.84% while peers were mixed: ASH down 0.88%, KWR up 1.19%, NGVT up 0.84%, IOSP up 1.24%, MTX up 0.80%. No sector-wide momentum was flagged.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Leadership change TT | Neutral | -3.2% | New Titanium Technologies president appointed with leadership transition support. |
| Nov 06 | Q3 2025 earnings | Positive | -2.6% | Return to profitability with mixed segment performance and cautious Q4 guidance. |
| Oct 29 | Dividend declaration | Positive | -0.7% | Quarterly cash dividend of $0.0875 per share for Q4 2025. |
| Oct 16 | Earnings call timing | Neutral | -6.3% | Announcement of Q3 2025 earnings release date and webcast details. |
| Sep 03 | Board leadership change | Neutral | -2.2% | New Board Chair and Lead Independent Director appointed to support strategy. |
Recent news, including earnings, dividends, and management updates, often saw negative or muted price reactions, even when fundamentally positive for shareholders.
Over the past six months, Chemours has focused on governance, leadership, and balance sheet management. Board leadership changes on Sep 3, 2025 and an Executive Severance Policy were aligned with its Pathway to Thrive strategy. The company declared a Q4 2025 dividend of $0.0875 per share and reported Q3 2025 net income of $60M with Adjusted EBITDA of $195M, but shares fell after that release. The Taiwan land sale and planned debt reduction fit into this ongoing focus on financial flexibility and portfolio optimization.
Market Pulse Summary
This announcement details the sale of Chemours’ former titanium dioxide site land in Taiwan, expected to generate $360 million in gross cash proceeds before taxes and fees, with funds applied to debt reduction. In context of prior updates on Q3 2025 earnings, credit agreement amendments, and board changes, the transaction underscores an ongoing focus on balance sheet flexibility and portfolio optimization. Investors may monitor closing progress by mid-2026 and subsequent leverage metrics and earnings reports to assess execution.
Key Terms
titanium dioxide technical
AI-generated analysis. Not financial advice.
WILMINGTON, Del., Jan. 15, 2026 /PRNewswire/ -- The Chemours Company ("Chemours" or "the Company") (NYSE: CC), a global chemistry company with leading market positions in Thermal & Specialized Solutions ("TSS"), Titanium Technologies ("TT"), and Advanced Performance Materials ("APM"), today signed a set of definitive agreements to sell the remaining land1 at its former titanium dioxide manufacturing location in Kuan Yin,
The land sale will generate approximately
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers' biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in
Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, plans to sell the former Taiwan Titanium Technologies manufacturing site and the use of proceeds generated by the sale of the manufacturing site. Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties including the outcome or resolution of any pending or future environmental liabilities, the commencement, outcome or resolution of any regulatory inquiry, investigation or proceeding, the initiation, outcome or settlement of any litigation, our ability to maintain an effective internal control over financial reporting and disclosure controls and procedures, changes in environmental regulations in the
CONTACTS:
INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3309
investor@chemours.com
NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com
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1 Dismantling and removal procedures for the Kuan Yin site were completed in the first quarter of 2025. |
2 Reflects TWD to USD exchange rate as of the time of this release. |
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SOURCE The Chemours Company
