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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) will release its second quarter 2021 financial results after market close on July 29, 2021, followed by a webcast conference call on July 30, 2021, at 8:30 a.m. EDT. The call will be accessible to the public via live webcast and teleconference. Chemours is a leader in Titanium Technologies, Specialized Solutions, and more, serving customers in diverse industries. More information can be found at investors.chemours.com.
Energy Fuels has successfully shipped the first 20 tonnes of mixed rare earth carbonate from its White Mesa Mill in Utah to Neo Performance Materials in Estonia, marking a significant step in developing a new U.S.-to-Europe rare earth supply chain. This operation utilizes monazite sand mined in Georgia and enables Energy Fuels to produce rare earth materials domestically. A definitive supply agreement has been signed, with further shipments expected. This initiative positions Energy Fuels uniquely in North America and aims to meet the increasing demand for rare earth elements in electric vehicles and renewable energy technologies.
The UConn School of Engineering has established the Vergnano Institute for Inclusion with a $3 million donation from alumni Mark and Betsy Vergnano. This initiative focuses on enhancing diversity, equity, and inclusion in engineering through scholarships, mentorship, and training. It marks the largest DEI funding in UConn's engineering history. The institute aims to support underrepresented students and prepare them for industry roles, addressing the need for a more diverse engineering workforce in Connecticut, which supplies over 50% of the state's engineering graduates.
The Chemours Company (NYSE: CC) announced an investor webinar scheduled for June 28, 2021, at 10 a.m. EDT. The event will focus on their newly established Advanced Performance Materials segment, discussing business fundamentals and growth opportunities. Presenters include CEO Mark Newman and other key executives. The webinar is open to the public and will be accessible via a live webcast and teleconference. Chemours is a global leader in various chemical solutions, serving 3,300 customers across 120 countries, with a strong emphasis on market-defining products.
The Chemours Company (NYSE: CC) announced leadership changes effective July 1, 2021. Mark Newman, currently Chief Operating Officer, will succeed Mark Vergnano as President and CEO, with Vergnano transitioning to Non-Executive Chairman of the Board. Richard H. Brown is also retiring as Chairman, with Dawn Farrell appointed as Lead Independent Director. Newman has a strong background in transforming Chemours into a profitable entity and leading its commercial businesses. The transition aims to ensure continuity and bolster growth opportunities.
The Chemours Company has been chosen by Johnson Controls to supply Opteon™ XL41 (R-454B) as the refrigerant for their HVAC products. This low GWP refrigerant achieves a 78% reduction in global warming potential compared to R-410A and aligns with Johnson Controls' sustainability goals. The decision supports regulatory mandates to phase down high-GWP refrigerants, enhancing energy efficiency and minimizing design changes in existing systems. Opteon™ XL41 is positioned as the best low-GWP refrigerant in the HVAC industry, enabling Johnson Controls to meet emission reduction targets.
The Chemours Company has signed a Memorandum of Understanding with major Beijing sports venues to utilize Opteon™ low global warming potential refrigerants. This initiative aims to enhance sustainability for ice rinks during the upcoming 2022 Winter Games. Chemours, a leader in refrigeration with over 85 years of experience, offers innovative thermal solutions. Their Opteon™ XP40 refrigerant significantly reduces global warming potential by approximately 65% compared to traditional options. This collaboration supports a broader goal of reducing the carbon footprint in line with environmental sustainability efforts.
The Chemours Company (NYSE: CC) contributed to a sustainable refrigeration system at Gem City Market in Dayton, Ohio, aimed at addressing food deserts. The innovative system, designed by Emerson and built by Hussmann, utilizes Opteon™ XP10 refrigerant, which boasts low global warming potential (GWP) and high energy efficiency. This initiative supports low-income communities by offering eco-friendly solutions. The partnership highlights Chemours' commitment to sustainability and community support, with an 85% reduction in GWP compared to traditional refrigerants.
The Chemours Company reported first-quarter 2021 financial results with Net Sales of $1.4 billion, reflecting a 10% increase year-over-year. Net Income was $96 million, leading to an EPS of $0.57. Adjusted Net Income stood at $120 million, with an Adjusted EPS of $0.71. The company raised its 2021 Adjusted EBITDA outlook by $100 million, now estimated between $1.10 and $1.25 billion. The first quarter also marked the highest quarterly sales in over two years despite challenges from Winter Storm Uri and supply chain issues. Chemours aims for a net zero climate goal and declared a $0.25 per share dividend.
