Chemours


The Chemours Company, pronounced “kem-oars”, 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.

History

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. Chemours has assumed various liabilities arising from lawsuits against DuPont.
Chemours' plant in Bladen County, North Carolina, was found to be dumping vast quantities of a chemical dubbed "GenX", a precursor of Teflon, into the Cape Fear River.

Products

Chemours manufactures and sells performance chemicals falling within three segments: Titanium Technologies ; Fluoroproducts ; and Chemical Solutions.