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Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
The Chemours Company
Type
Public
Traded as NYSE: CC
S&P 400 Component
Industry Performance chemicals, titanium dioxide, Viton
Founded 2015 (2015)
Headquarters Wilmington, Delaware, United States
Area served
Global
Key people
Mark P. Vergnano (CEO), Richard H. Brown (Chairman)
Products
Revenue DecreaseUS$5.71 billion (2015)
Operating income
DecreaseUS$-132 million (2015)
Net income
DecreaseUS$-90 million (2015)
Total assets IncreaseUS$6.29 billion (2015)
Total equity DecreaseUS$126 million (2015)
Subsidiaries
Website Chemours.com

The Chemours Company, commonly referred to as Chemours, is an American chemical company that was founded in July 2015 as a spin-off from DuPont. It has its corporate headquarters in Wilmington, Delaware, United States.

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 spin-off to DuPont shareholders was completed on July 1, 2015 and Chemours' stock began trading on the New York Stock Exchange on the same date. Its 180,920,858 shares of common stock were distributed to DuPont shareholders at a par value of one cent each. Chemours has assumed various liabilities arising from lawsuits against DuPont.

Chemours manufactures and sells performance chemicals falling within three segments: Titanium Technologies (titanium dioxide); Fluoroproducts (refrigerants and industrial fluoropolymer resins and derivatives including Freon, Teflon and Viton); and Chemical Solutions (cyanide, sulfuric acid, aniline, methylamines, and reactive metals).


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The Chemours Company CC report
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