WILMINGTON, Del., Dec. 17, 2015 /PRNewswire/ -- The Chemours
Company ("Chemours") (NYSE: CC) announced today a global price
increase on all Ti-Pure™ titanium dioxide grades.
Effective January 1, 2016 or as
contracts or law allow, a net price increase of $150 per tonne will apply for all Ti-Pure™
titanium dioxide grades sold in all regions.
Chemours Titanium Technologies is the world's largest
manufacturer of titanium dioxide, serving customers globally in the
coatings, paper and plastics industries. The company operates
plants at DeLisle, Miss.;
New Johnsonville, Tenn.;
Altamira, Mexico; and Kuan Yin, Taiwan; all of which use the chloride
manufacturing process. The company also operates a mine in
Starke, Fla. Technical service centers are located in
Paulinia, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Shanghai,
China; and Wilmington,
Del., to serve the Latin American, European, Middle Eastern,
Asian and North American markets.
About The Chemours Company
The Chemours Company (NYSE:
CC) helps create a colorful, capable and cleaner world through the
power of chemistry. Chemours is a global leader in titanium
technologies, fluoroproducts and chemical solutions, providing its
customers with solutions in a wide range of industries with
market-defining products, application expertise and chemistry-based
innovations. Chemours ingredients are found in plastics and
coatings, refrigeration and air conditioning, mining and oil
refining operations and general industrial manufacturing. Our
flagship products include prominent brands such as Teflon™,
Ti-Pure™, Krytox™, Viton™, Opteon™ and Nafion™. Chemours has
approximately 8,400 employees across 36 manufacturing sites serving
more than 5,000 customers in North
America, Latin America,
Asia-Pacific and Europe. Chemours is headquartered in
Wilmington, Delaware and is listed
on the NYSE under the symbol CC. For more, information please visit
chemours.com or follow Chemours on Twitter at @chemours.
Forward-Looking Statements
This press release contains
forward-looking statements, which often may be identified by their
use of words like "plans," "expects," "will," "believes,"
"intends," "estimates," "anticipates" or other words of similar
meaning. These forward-looking statements address, among other
things, our anticipated future operating and financial performance,
business plans and prospects, transformation plans, resolution of
environmental liabilities, litigation and other contingencies,
plans to increase profitability, our ability to pay or the amount
of any dividend, and target leverage that are subject to
substantial risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by such
statements. Forward-looking statements are not guarantees of future
performance and are based on certain assumptions and expectations
of future events which may not be realized. The matters discussed
in these forward-looking statements also are subject to risks,
uncertainties and other factors that could cause actual results to
differ materially from those projected, anticipated or implied in
the forward-looking statements as further described in the "Risk
Factors" section of the information statement contained in the
registration statement on Form 10 and other filings made by
Chemours with the Securities and Exchange Commission. Chemours
undertakes no duty to update any forward-looking statements.
CONTACT:
MEDIA:
Robert
Dekker
Global Corporate Communications
Leader
+1.302.773.4509
robert.dekker@chemours.com
INVESTORS:
Alisha
Bellezza
Director of Investor
Relations
+1.302.773.2263
investor@chemours.com
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SOURCE The Chemours Company