Chemours
The Chemours Company
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legal form | |
ISIN | US1638511089 |
founding | 2015 |
Seat | Wilmington , Delaware , |
management | Mark P. Lustano (President and CEO ) |
Number of employees | 7,000 |
sales | 5.4 billion US dollars |
Branch | chemistry |
Website | www.chemours.com |
As of December 31, 2016 |
Chemours is an American chemical company that was spun off from DuPont in mid-2015 . It includes DuPont's titanium dioxide , refrigerant (HFC), fluoropolymer (PFPE, PTFE), sulfuric acid and cyanide businesses .
history
From the outset, Chemours suffered from falling prices for its main product, titanium dioxide. As a result, the company sold $ 700 million in assets in 2016 and closed its chlor-alkali electrolysis facility in Niagara Falls, NY. At the end of 2015, the sale of an aniline plant in Beaumont, Texas to Dow Chemical was announced. Chemours only keeps one aniline plant in Pascagoula, Mississippi . In 2016, the cleaning and disinfectant business was sold to Lanxess and the sulfur chemicals business unit was sold to Veolia North America.
Business areas
Titanium dioxide
Chemours produces titanium dioxide - exclusively using the chloride process - in its plants in New Johnsonville , Tennessee ( ), DeLisle , Mississippi ( ), Altamira , Mexico ( ) and Kuan Yin , Taiwan . The first three are the largest in the world. In an open pit near Starke (Florida) , zircon and staurolite are extracted as raw materials.
Refrigerant
Individual evidence
- ↑ Leadership
- ↑ a b c Form 10-K
- ↑ The Chemours Company starts as an independent, publicly traded company after the spin-off from DuPont has been completed
- ^ Chemours Titanium Technologies
- ^ The Chemours Company , September 2015
- ↑ Cyrus Sanati: How DuPont spinoff Chemours Came Back from the Brink. In: Fortune. May 18, 2016, accessed July 14, 2016 .
- ^ A b Chemours completes sale of sulfur business . In: Delaware Business Now . August 1, 2016 ( delawarebusinessnow.com ).
- ^ Chemours sells Texas plans to Dow Chemical for $ 140 million. In: delawareonline.com. November 19, 2015, accessed July 14, 2016 .
- ^ First Chemical Pascagoula
- ↑ LANXESS takes over specialty business for disinfection and hygiene solutions from Chemours , April 25, 2016
- ↑ Florida Mine
- ^ Groundbreaking ceremony for Chemours' first large-scale production facility for HFO-1336mzz , November 30, 2015
- ^ Opteon YF