Chemours Co - Company Profile
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Business Description
Chemours Co (Chemours) provides titanium technologies, fluoro products and chemical solutions. It serves plastics and coatings, refrigeration and air conditioning, general industrial, electronics, and oil refining markets.
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R&D Overview
Research and development (R&D) activities focus on providing innovative products in the areas of fluoroproducts, and fluorochemicals. It also focuses on process technology for reducing cost and maintaining safety. The company operates R&D and technical centers in the US, Belgium, Mexico, Switzerland, China and Japan. In FY2022, it spent US$118 million on R&D, which as a percentage of revenue, stood at 1.7% and increased 10.3% YoY.
Business Segments
Overview
Offers high-end polymers and advanced materials that deliver unique performance capabilities and are present in applications that people around the world use every day. Serves consumer electronics, semiconductors, digital communications, transportation, energy, oil and gas, and aerospace. Major brands include Teflon, Viton, Krytox, Nafion and Teflon. In FY2022, the segment's capital expenditure stood at US$115.0 million, which grew 11.7% YoY.
Performance
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Overview
Offers refrigerants, propellants, thermal management solutions, specialty solvents and foam blowing agents. Major brands include Freon and Opteon. Distributes its products through direct channels and resellers. In FY2022, the segment's capital expenditure stood at US$30 million, which grew 15.4% YoY.
Performance
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Overview
Offers high-quality TiO2 pigment, which is used to deliver whiteness, brightness, durability, opacity, and ultra-violet light protection. Serves architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride (PVC) window profiles, coated paper, laminate papers used for furniture and building materials, and coated paperboard. Markets products through third-party sales agents and distributors. Markets products under Ti-Pure brand. In FY2022, the segment's capital expenditure stood at US$149 million, which grew 23.1% YoY.
Performance
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Overview
Includes performance chemicals and intermediates businesses. Its product portfolio includes Vazo chemical initiators, Glypure glycolic acid and dimethyl sulfate. In FY2022, the segment's capital expenditure stood at US$6.0 million, which declined 84.6% YoY.
Performance
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Geographical Segments
Target Markets
Hong Kong, China, Japan, Australia, South Korea, Taiwan, Thailand, India and Malaysia.
Performance
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Target Markets
Belgium, Russia, Germany, France, Switzerland, Italy, the Netherlands, Spain and Turkey.
Performance
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Target Markets
Chile, Argentina and Brazil.
Performance
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Target Markets
The US, Canada and Mexico.
Performance
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