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.
The Chemours Company (NYSE: CC) announced the opening of a new facility in El Dorado, Arkansas, to produce Opteon™ 1150, a low global warming potential hydrofluoroolefin (HFO). Production is set to commence before the January 2022 phase-down of CO2 equivalents mandated by the American Innovation and Manufacturing Act. Opteon™ 1150 enhances Chemours' portfolio of environmentally sustainable foam blowing agents, contributing to various industries including refrigeration and aerosol products. The company aims to meet increasing global demand for low GWP solutions while ensuring high performance.
The Chemours Company (NYSE: CC) launched the Chemours Future of Engineering, Science, Trades and Technology (ChemFEST) program to support STEM education in under-resourced middle schools globally. With a commitment of $50 million towards community investment, Chemours will provide multi-year financial support to selected schools, starting with EastSide Charter School and Serviam Girls Academy in Wilmington, Delaware. Initiatives include $4 million for a new STEM facility and a $250,000 STEM Discovery Capstone Program, aiming to inspire a diverse future STEM workforce in light of over 800,000 expected job openings in the field.
The Chemours Company (NYSE: CC) reported a strong financial performance for Q3 2021, with net sales of $1.7 billion, up 36% year-over-year. Net income reached $214 million, or $1.27 EPS, marking an $0.81 increase from the prior year. Adjusted EBITDA rose 77% to $372 million, contributing to free cash flow of $244 million. The company also announced a quarterly dividend of $0.25 per share. Revised guidance for 2021 includes adjusted EBITDA between $1.3 billion and $1.34 billion, reflecting ongoing strong demand and pricing trends, despite challenges in raw material availability.
The Chemours Company (NYSE: CC) has appointed Dawn L. Farrell as Chairperson of the Board of Directors, effective January 1, 2022. Farrell, the current Lead Independent Director, has been with the board since its inception and has extensive experience in the energy sector. Mark Vergnano, the current chairman, will remain a board member. President and CEO Mark Newman expressed confidence in Farrell's leadership and continued collaboration. Chemours is a leader in various chemical markets with around 6,500 employees and operates in about 120 countries.
The Chemours Company (NYSE: CC) has declared a quarterly cash dividend of $0.25 per share for the fourth quarter of 2021. This dividend will be paid on December 15, 2021, to stockholders on record as of the close of business on November 15, 2021. Chemours, a global leader in Titanium Technologies and Chemical Solutions, continues to provide innovative products across various industries, enhancing its market presence.
The Chemours Company (NYSE: CC) will release its third quarter 2021 financial results after market close on November 4, 2021. The webcast conference call is scheduled for November 5, 2021, at 8:30 a.m. EDT, providing investors and the public access to the discussion. Chemours specializes in Titanium Technologies and other chemical solutions, serving over 3,300 customers across approximately 120 countries. Notably, the company emphasizes its commitment to market-defining products and chemistry-based innovations.
Chemours has renewed its multiyear partnership with the NHL, extending collaboration on sustainable refrigerant solutions for ice rinks. Started in 2018, this partnership focuses on providing Opteon™ refrigerants to replace high GWP refrigerants, addressing environmental compliance as U.S. regulations phase out substances like HCFC-22. The renewal will also foster STEM education through a middle school program. The initiative aims to improve rink infrastructure sustainability across North America, supporting community rinks while promoting values like integrity and teamwork.
The Chemours Company (NYSE: CC) recently announced its inaugural Carrier of the Year Awards, recognizing excellence in transporting Ti-Pure™ titanium dioxide. Marten Transport received the Platinum award with over a 99% on-time pickup rate, while Freightworks Transportation & Logistics earned the Gold award, boasting over 98% on-time delivery. The evaluation considered metrics from 2020 to 2021, such as on-time delivery and customer service. Chemours highlighted the significant role these carriers played amid supply chain challenges, emphasizing the importance of partnership in meeting customer needs.
The Chemours Company (NYSE: CC), a leader in Titanium Technologies and Chemical Solutions, has appointed Sandra Phillips Rogers to its board of directors, effective October 1, 2021. Currently the chief legal officer and chief diversity officer at Toyota Motor North America, Rogers brings extensive experience in leadership and diversity initiatives. Her appointment increases board diversity to 40% women. Mark Vergnano, Chemours chairman, and Mark Newman, CEO, expressed confidence in her ability to contribute to Chemours' strategic goals.
