Chemours

Rank#4743

Market Cap2.33B

CountryUnited States

Summary

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure and BaiMax brands for delivering whiteness, brightness, opacity, and protection in various of applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard used for packaging. The Thermal & Specialized Solutions segment offers of refrigerants, thermal management solutions, propellants, foam blowing agents, and specialty solvents. The Advanced Performance Materials segment products portfolio includes various industrial resins, specialty products, membranes, and coatings for consumer electronics, semiconductors, digital communications, transportation, energy, oil and gas, and medical, and others applications. The Chemical Solutions segment comprises a portfolio of industrial chemicals used as raw materials and catalysts for gold production, clean and disinfect, oil and gas, water treatment, electronics, and automotive applications. The company sells its products through direct and indirect channels, as well as through a network of resellers and distributors. The Chemours Company was founded in 2014 and is headquartered in Wilmington, Delaware.

History

In October 2013, DuPont announced that it was planning to spin off its "performance chemicals" business into a new publicly traded company in mid-2015. DuPont filed its initial Form 10 with the SEC in December 2014 and announced that the new company would be called "The Chemours Company." The name is a portmanteau of the words chemical and Nemours, a nod to DuPont's full name, E. I. du Pont de Nemours & Co. The company's CC ticker symbol, is also a play on DuPont's DD symbol.The spin-off was completed on July 1, 2015, and Chemours' stock began trading on the New York Stock Exchange on the same date.Chemours has assumed various liabilities arising from lawsuits against DuPont. Additionally, Chemours' plant in Bladen County, North Carolina, was found to be dumping vast quantities of a chemical dubbed "GenX", a precursor of Teflon, into the Cape Fear River. This story is recounted in the 2018 documentary film The Devil We Know, which centers on Parkersburg, West Virginia, where the DuPont facility that manufactured Teflon was located. The documentary follows the personal stories and tribulations of several people who worked at the Parkersburg facility.

Mission

Chemistry powers our company. But our purpose and values are what guide us. Based on our legacy as an industry leader, our belief in doing what is right, and our vision for the future, our purpose and values drive everything we do. Our purpose creates the chemistry of Chemours. We exist to help create a colorful, capable, and cleaner world through the power of chemistry.

Vision

our belief in doing what is right, and our vision for the future, our purpose and values drive everything we do.

References

https://en.wikipedia.org/wiki/Chemours

https://in.investing.com/equities/chemours-co

https://finance.yahoo.com/quote/CC/profile?p=CC

https://www.comparably.com/companies/chemours-company/mission

https://www.crunchbase.com/organization/the-chemours-company

https://sec.report/CIK/0001627223

https://companiesmarketcap.com/

https://www.chemours.com

Leadership team