The Chemours Company announced they have engaged with the Interagency for Market Control of the Hellenic Ministry of Development (DIMEA), the Hellenic Police, and Hellenic Customs to stop illegal fluorinated gas (F-gas) refrigerants from entering the European Union (EU) at the Greek border. Approximately 15.6 tons of suspected unauthorized refrigerants including R-1234yf used as an … Read more
The Chemours Company, DuPont de Nemours, Inc., and Corteva, Inc. announced they have reached an agreement in principle to comprehensively resolve all PFAS-related drinking water claims of a defined class of public water systems that serve the vast majority of the United States population. The class includes water systems with a current detection of PFAS … Read more
The Chemours Company has entered into a definitive agreement to sell its Glycolic Acid business for $137 million in cash to PureTech Scientific Inc., a company founded and backed by Iron Path Capital. With this acquisition, PureTech Scientific is positioning itself to become the global leader in organic synthesis of ultra-high purity alpha hydroxy acids … Read more
Chemours Company and TC Energy have signed a memorandum of understanding (MOU) to potentially develop two hydrogen production facilities in West Virginia. The facilities would be located at or near Chemours’ Belle and Washington Works manufacturing sites and support the Appalachian Regional Clean Hydrogen Hub (ARCH2) initiative. The companies aim to develop, build and operate … Read more
The Chemours Company has entered into a definitive agreement to sell its Mining Solutions business for $520 million in cash to Draslovka Holding a.s., a Czech-based private company specializing in cyanide production. The transaction is expected to close in the fourth quarter of 2021 subject to regulatory approvals and other customary closing conditions. Draslovka also … Read more
The Chemours Company, a global chemistry and advanced materials company, announced Monday afternoon that it will explore the sale of its mining solutions division in order to refocus its business and boost share value. Chemours’ has initiated a strategic review to assess the potential sale, the first step for corporations looking to sell off parts … Read more
The Chemours Company, a global performance chemicals manufacturer reported a fall in revenue for the fourth quarter 2019. Chemours fourth quarter 2019 net sales were $1.35 billion, a 7.6% fall from prior-year quarter. The company reported a loss of $317 million in the fourth quarter of 2019 against a profit of $142 million a year … Read more
The Chemours Company (Chemours), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, received the 2019 SCI Gordon E. Moore Medal for leading a team that developed Teflon EcoElite, a non-fluorinated, renewably sourced durable repellent for use in the consumer textile market. The development of Teflon EcoElite finish is … Read more
World’s Largest HFO-1234yf Production Facility Begins Operations in Corpus Christi, Texas