Chemours

The Chemours Co. is a holding company, which engages in the provision of performance chemicals. The firm delivers solutions, which include a range of industrial and chemical products for markets including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, and general industrial. It operates through the following segments: Titanium Technologies, Thermal and Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The Titanium Technologies segment is involved in the manufacture of titanium dioxide pigment. The Thermal and Specialized Solutions segment offers refrigerants, propellants, blowing agents, and specialty solvents. The Advanced Performance Materials segment produces polymers and advanced materials that deliver attributes, including chemical inertness, thermal stability, low friction, weather and corrosion resistance, extreme temperature stability, and di-electric properties. The Chemical Solutions segment refers to the sale of chemicals used in industrial and consumer applications in the Americas. The company was founded on February 18, 2014, and is headquartered in Wilmington, DE.

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Chemours overcomes Q4 challenges, eyes growth and sustainability in 2023

Chemours had a tough Q4 but a successful year overall, with a focus on margin improvement, growth in key businesses, and addressing legacy issues. The company is optimistic about 2023, emphasizing sustainability-led growth and returning value to shareholders.

Chemours reports strong Q1 performance, navigates challenges, eyes growth opportunities

Chemours' Q1 2023 Earnings Call highlighted strong performance, reaffirmed guidance, and emphasized margin improvement strategies. The company faces challenges from macroeconomic uncertainties and inflationary pressures but sees opportunities in sustainable initiatives and market-led innovation. Chemours remains confident in its full-year outlook and growth strategies.

Chemours reports record results, eyes cost reduction and innovation

Chemours had a strong quarter with record results and notable achievements in facility closures and settlements. While challenges lie ahead with a weaker second half expected, the company remains focused on shareholder value and strategic priorities. Opportunities in cost reduction, innovation, and market leadership position Chemours for future growth.

Chemours addresses challenges, eyes growth in sustainable solutions market

Chemours Company navigated challenges in Q3 2023, with a focus on long-term shareholder value and strategic transformation for performance improvement.
Strong performance in Performance Solutions and TSS business, alongside cost savings initiatives, position Chemours for future growth and margin recovery.
Management's commitment to driving value for shareholders amidst industry challenges underscores a proactive approach to addressing market dynamics.

Chemours reports Q4 sales growth, addresses TiO2 market challenges

Chemours is navigating challenges in the TiO2 market while focusing on cost reduction and growth opportunities in other segments. The company aims to maintain competitiveness through strategic decisions and investments in R&D. Analysts' inquiries during the earnings call highlighted concerns about leadership stability and various segment dynamics.

Chemours reports mixed Q1 results, eyes sequential growth in 2024

Chemours' Q1 2024 performance reflected mixed results across segments, with a focus on cost efficiencies, transformation plans, and maintaining liquidity amidst declining net sales and EBITDA.
Despite challenges in certain segments and market uncertainties, Chemours remains optimistic about sequential growth in the second quarter, aiming for significant EBITDA potential in 2024 and long-term financial improvement.
Strategic strengths in cost management, growth initiatives, and market opportunities position Chemours to navigate challenges, drive growth, and enhance profitability in a dynamic business environment.

Chemours exceeds volume expectations amidst challenges, anticipates sequential decline

Chemours demonstrated resilience and growth in key product lines despite facing challenges in Q1 and Q2.
The company's cost-saving efforts and recovery in certain segments highlight its ability to adapt to market conditions.
While financial results were impacted by one-time costs and a decline in net sales, Chemours maintained a strong net leverage ratio.
Anticipated sequential decline in net sales for Q3 underscores the need for strategic planning and operational optimization.

Chemours reports strong Q3 performance amidst strategic growth initiatives

Chemours' Q3 performance reflects operational strength and growth in key segments.
Challenges include declines in net sales for TSS and TT in Q4 and a net loss.
Opportunities exist in cost savings, growth in Opteon refrigerants, and strategic investments.
Overall, Chemours remains confident in its strategy to drive shareholder value.

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The Chemours Co. is a holding company, which engages in the provision of performance chemicals. The firm delivers solutions, which include a range of industrial and chemical products for markets including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, and general industrial. It operates through the following segments: Titanium Technologies, Thermal and Specialized Solutions, Advanced Performance Materials, and Other. The Titanium Technologies segment is involved in the manufacture of titanium dioxide pigment. The Thermal and Specialized Solutions segment offers refrigerants, propellants, blowing agents, and specialty solvents. The Advanced Performance Materials segment produces polymers and advanced materials that deliver attributes, including chemical inertness, thermal stability, low friction, weather and corrosion resistance, extreme temperature stability, and di-electric properties. The Other segment consists of performance chemicals and intermediates business. The company was founded on February 18, 2014, and is headquartered in Wilmington, DE.

WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced a long-term sustainability program for its glycolic acid product portfolio to address growing consumer demand for sustainable products at the 2023 in-cosmetics Global tradeshow.

Chemours Announces Glycolic Acid Sustainability Program at In-Cosmetics Global Tradeshow

WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announces the appointment of Denise Dignam as President, Chemours Titanium Technologies and Chemical Solutions, effective April 1, 2023. Chemours will promote Gerardo Familiar to succeed Ms. Dignam as President, Chemours Advanced Performance Materials.

Chemours Appoints Denise Dignam President, Titanium Technologies & Chemical Solutions, Gerardo Familiar Named President, Advanced Performance Materials

Chemours Titanium Technologies & Chemical Solutions Business President Resigns; Chemours Begins Talent Search for Backfill & Appoints Interim Leader

Chemours Announces the Winners of its 2022 Responsible Supplier Awards

Chemours Introduces Track & Trace Technology to Provide Real-Time Visibility into Ti-Pure™ TiO2 Order and Delivery Status

Chemours (CC) gains from increased prices across its segments amid headwinds from higher input cost inflation, adverse currency movements and soft demand in Europe & Asia in Q4.

Chemours (CC) Posts Break-Even Q4 Earnings, Sales Miss

The Chemours Company (NYSE:CC ) Q4 2022 Results Earnings Conference Call February 10, 2023 8:00 AM ET Company Participants Jonathan Lock - Senior Vice President and Chief Development Officer Mark Newman - President and Chief Executive Officer Sameer Ralhan - Senior Vice President and Chief Financial Officer Conference Call Participants Duffy Fischer - Goldman Sachs Arun Viswanathan - RBC Capital Markets John McNulty - BMO Capital Markets Matthew DeYoe - Bank of America Securities Josh Spector - UBS Hassan Ahmed - Alembic Global Advisors Vincent Andrews - Morgan Stanley John Roberts - Credit Suisse Operator Good morning. My name is Rob and I will be your conference operator today.

The Chemours Company (CC) Q4 2022 Earnings Call Transcript

CORRECTING and REPLACING To Meet Growing Customer Needs for Thermal Management Solutions, Chemours Announces at the 2023 AHR Expo Its Intention to Bring Next Generation Refrigerants to Market for Qualification in 2025

While the top- and bottom-line numbers for Chemours (CC) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Chemours (CC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Chemours (CC) delivered earnings and revenue surprises of -100% and 5.93%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Chemours (CC) Reports Break-Even Earnings for Q4

The Chemours Company Reports Fourth Quarter and Full Year 2022 Results, Provides Full Year 2023 Outlook

CORRECTING and REPLACING Chemours Announces First Quarter Dividend

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its roadmap for next-generation thermal management solutions at the 2023 AHR Expo. This three-horizon plan includes commercial product adoption, new blend development collaboration, and next-generation product development—all of which are currently underway.

To Meet Growing Customer Needs for Thermal Management Solutions, Chemours Announces at the 2023 AHR Expo Its Intention to Bring Next Generation Refrigerants to Market for Qualification in 2025

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, and the Wilmington, Delaware-based EastSide Charter School (ESCS) today broke ground at Eastside Charter School on a new 24,000 square foot community STEM facility – the Chemours STEM Hub at EastSide Charter School. The new Hub will serve as a premier access point for science, technology, engineering, and math (STEM) education and other development opportunities in the Wilmington community. Made possible in part by a $4 million grant Chemours made in 2021 through its ChemFEST school partnership program, the Chemours STEM Hub will offer public spaces for learning and improve access for more students from more backgrounds to be exposed to, excited by, and interested in STEM.

Chemours and EastSide Charter School Break Ground on the New Chemours STEM Hub

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, began taking orders from North American customers in December for its Opteon™ XL41 (R-454B) hydrofluoroolefin (HFO) refrigerant, which the company will start fulfilling by the end of Q1 2023. Opteon™ XL41 is an R-410A replacement in new air conditioning and heat pump applications, offering zero ozone depletion potential (ODP) and an approximate 78% reduction in global warming potential (GWP) when compared to R-410A (AR4 GWP). One of the latest next-generation solutions in the Chemours Opteon™ portfolio, in addition to being the lowest GWP replacement for R-410A alternatives on the market today, Opteon™ XL41 offers the optimal balance of performance, sustainability, and cost, and is classified as a low-flammability (A2L) refrigerant.

Chemours Now Taking Orders in North America for Opteon™ XL41 Zero ODP, Low GWP Refrigerant

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today unveiled Ti-Pure™ TS-1510, a highly efficient rutile titanium dioxide (TiO2) pigment designed to enhance processing performance in plastics applications, including polyolefin masterbatch. The enhanced processing performance of this grade unlocks up to 6%* lower net carbon footprint from the advanced pigment manufacturing process through masterbatch production when compared to traditional TiO2 pigments while improving profits. Ti-Pure™ TS-1510 is the latest pigment launch within the company's Ti-Pure™ Sustainability (TS) series, a new product family showcasing Chemours' commitment to advancing societal, customer, and business segment sustainability goals.

Chemours Introduces New Ti-Pure™ Sustainability Grade Enabling Lower Carbon Footprint for Plastics Masterbatch Producers

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced it will release fourth quarter 2022 financial results after market close on February 9, 2023. The company will conduct its fourth quarter 2022 webcast conference call on Friday, February 10, 2023, at 8:00 a.m. Eastern Standard Time.

Chemours Announces Dates for Fourth Quarter 2022 Earnings Release and Webcast Conference Call

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced a $200 million investment to increase capacity and advance technology for its industry-leading Nafion™ ion exchange materials to be located at Chemours' manufacturing facility in Villers-Saint-Paul, France. Chemours' investment builds on the existing efforts in the U.S. to have a reliable supply chain and robust capacity to enable the hydrogen economy. It will support growing market demand for clean hydrogen generation using water electrolyzers, energy storage in flow batteries, and hydrogen conversion to power fuel cell vehicles, and contribute to European and broader global efforts to enable the clean energy transition. As part of the investment, the capabilities of Chemours' regional manufacturing site will be expanded to support and advance technological progress and new products for the worldwide hydrogen economy.

Chemours Expands Nafion™ Ion Exchange Material Production in France to Support Growing Market Demand for Clean Hydrogen Generation

My coverage of Chemours Company has been extensive, and I consider the business an interesting one in the chemical space, trading at a massive sort of discount. There are good reasons for this discount - but there are also reasons why we might choose to more or less ignore these reasons for the long-term upside.

Chemours: Time To Revisit And It's A 'Buy'

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced a new Ti-Pure™ titanium dioxide (TiO2) product portfolio: the Ti-Pure™ Sustainability (TS) series, which includes two high-performance grades. This new product family showcases Chemours' commitment to advancing its enterprise, business unit, and customers' sustainability goals.

Chemours Unveils Ti-Pure™ Sustainability (TS) Product Series, Designed to Advance Company & Customers' Sustainability Goals Through TiO2 Innovation

There is a lot to like about The Chemours Company, but there is one issue that should give investors pause.

This Industrial Stock Looks Dirt Cheap. Is It a Buy?

While Chemours (CC) is exposed to headwinds from higher raw material costs, it gains on healthy Opteon demand, strong execution and its cost-reduction and pricing actions.

Chemours (CC) Gains on Opteon Demand Amid Input Cost Woes

The shares of Chemours Co (NYSE:CC) are down 1.4% to trade at $30.96 this morning, after the company noted slowing titanium dioxide demand in Europe and Asia has its full-year earnings results falling behind its previously issued outlook.

Chemours Stock Dips Amid Slowing Demand

Shares of Chemours Co. CC, -4.12% fell more than 5% in the extended session Monday after the chemicals company said it was running slightly below the low end of its full-year 2022 guidance range for an adjusted EBITDA between $1.40 billion and $1.45 billion and free cash flow of more than than $575 million. Demand for titanium dioxide has weakened in the fourth quarter, "most notably in Europe and Asia as the global outlook grows increasingly uncertain," the company said.

Chemours stock falls more than 5% after company says it's on pace to miss guidance

WILMINGTON, Del.--( BUSINESS WIRE )--The Chemours Company ("Chemours") (NYSE: CC), a global chemical company with market-leading positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced an alliance with Bohn de Mexico, a leading commercial and industrial refrigeration equipment technology and manufacturing company with a presence in the Latin American region. As part of the alliance, Bohn de Mexico will adopt the non-ozone depleting (ODP) and low global warming potential (GWP) refrigerants, Opteon™ XL20 (R-454 C), Opteon™ XL40 (R-454A), and Opteon™ XL10 (R-1234yf) for its new line of BOHN Ecoflex condensing units.

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