Weak TiO2 prices pull Chemours into net loss for Q3
Published: Friday, 06 November 2015
In its first quarter of standalone operations, DuPont’s spin-off company Chemours has reported a net loss as the weak TiO2 market continues to weigh heavily on results.
The Chemours Co. reported a loss of $29m for the third
quarter of 2015, down from net income of $107m last year, in
its first earnings release as a standalone company as market
conditions in titanium dioxide (TiO2) remained
Chemours, originally DuPont’s TiO2 and
fluorochemicals division, reported a decline...