Trade Chemours - CC CFD

Trade Chemours - CC CFD

About Chemours Co

The Chemours Company is a provider of performance chemicals. The Company’s principal products include titanium dioxide (TiO2) pigments, refrigerants, industrial fluoropolymer resins, sodium cyanide, and performance chemicals and intermediates. The Company operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The Titanium Technologies segment is a provider of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, and protections in a variety of applications. The Thermal & Specialized Solutions segment is a provider of refrigerants, propellants, blowing agents, and specialty solvents. The Advanced Performance Materials segment is a provider of high-end polymers and advanced materials. The Chemical Solutions segment is a North American provider of industrial chemicals used in gold production, industrial, and consumer applications.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Chemours Co revenues increased 28% to $6.35B. Net income increased from $219M to $608M. Revenues reflect Titanium Technologies segment increase of 40% to $3.36B, Asia Pacific segment increase of 32% to $1.83B, North America segment increase of 21% to $2.32B. Net income benefited from Gain on sales of assets and businesses increase from $8M to $115M (income), Restructuring and asset related charges.