Chemours Q4 earnings hit by charges; TiO2 sales rise

By Kasia Patel
Published: Thursday, 16 February 2017

Despite charges relating to the settlement of its PFOA case with DuPont, Chemours reported positive improvements in its TiO2 division for the fourth quarter, driven by increased prices for the mineral y-o-y.

Leading titanium dioxide (TiO2) producer The Chemours Co. has reported lower net sales and income for the fourth quarter of 2016 owing to court settlement charges and changes in portfolio, the company reported late 15 February.

Net sales declined 3% to $1.3bn, while Q4 net loss stood at $230m, due to...

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