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Chemours Co (CC.N)

CC.N on New York Stock Exchange

48.04USD
15 Dec 2017
Change (% chg)

$0.55 (+1.16%)
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Latest Key Developments (Source: Significant Developments)

Chemours Updates 2017 Forecast, Provides 2018 Outlook, 2020 Key Financial Targets
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Chemours Co ::THE CHEMOURS COMPANY HOSTS FIRST INVESTOR DAY.CHEMOURS CO - BOARD OF DIRECTORS AUTHORIZED A $500 MILLION SHARE REPURCHASE PLAN.CHEMOURS CO - 2018 ‍ ADJUSTED EBITDA EXPECTED TO BE BETWEEN $1.7 AND $1.85 BILLION​.CHEMOURS CO - UNVEIL NEW CAPITAL ALLOCATION STRATEGY, WHICH IS EXPECTED TO RETURN NEARLY $900 MILLION TO SHAREHOLDERS OVER NEXT THREE YEARS.CHEMOURS CO - EXPECT TO INCREASE 2018 FREE CASH FLOW TO BE WITHIN RANGE OF $500 TO $600 MILLION, EVEN AFTER INVESTING IN TWO NEW MANUFACTURING FACILITIES.CHEMOURS - BOARD APPROVED Q1 CASH DIVIDEND OF $0.17 PER SHARE, AN INCREASE OF $0.14 PER SHARE FROM PREVIOUS LEVEL.CHEMOURS CO - EXPECTED TO GENERATE CUMULATIVE FREE CASH FLOW WITHIN A RANGE OF $2.0 BILLION AND $2.75 BILLION THROUGH 2020.CHEMOURS CO - $500 MILLION SHARE REPURCHASE PLAN EXTENDS THROUGH END OF 2020.CHEMOURS CO - SEES FULL-YEAR 2017 ADJUSTED EBITDA OF APPROXIMATELY $1.4 BILLION.CHEMOURS CO - EXPECT TO GROW ADJUSTED EPS BY 15 PERCENT OR GREATER THROUGH 2020 ON A COMPOUNDED ANNUAL BASIS OVER 2017.CHEMOURS - DEMAND FOR TI-PURE TITANIUM DIOXIDE, OPTEON REFRIGERANTS, FLUOROPOLYMERS AND CHEMICAL SOLUTIONS PRODUCTS CONTINUE TO DRIVE CO'S RESULTS.CHEMOURS CO - EXPECT TO CONTINUE TO GENERATE A RETURN ON INVESTED CAPITAL IN EXCESS OF 30 PERCENT & CO POISED FOR GROWTH THROUGH 2020 AND BEYOND.  Full Article

The Chemours Company reports third quarter results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Chemours Co :The Chemours Company reports third quarter results.Q3 earnings per share $1.08.Q3 sales $1.6 billion versus I/B/E/S view $1.59 billion.Q3 earnings per share view $1.04 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $1.12.Chemours Co - ‍full-year outlook reaffirmed​.FY2017 earnings per share view $3.57, revenue view $6.13 billion -- Thomson Reuters I/B/E/S.  Full Article

UTR partners with Chemours to develop anode material
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Ultracharge Ltd :Co ‍entered into agreement with Chemours to jointly develop anode material.  Full Article

Chemours qtrly adjusted net income was $0.08 per share
Thursday, 16 Feb 2017 

Chemours Co : Chemours says quarterly adjusted net income of $15 million, or $0.08 per diluted share . Chemours says quarterly net sales of $1.3 billion . Q4 earnings per share view $0.29, revenue view $1.24 billion -- Thomson Reuters I/B/E/S . Quarterly sales decline driven by lower seasonal volumes in titanium technologies, a decline in base refrigerant volumes, and effects of divestitures . Expects to generate greater than $1 billion in adjusted EBITDA in 2017 .Completed strategic review of Chemical Solutions portfolio, delivered $200 million in cost savings this year, sees additional $150 million in cost savings.  Full Article

KBR awarded Corpus Christi Construction Contract from Chemours
Monday, 8 Aug 2016 

KBR INC : KBR awarded Corpus Christi Construction Contract from Chemours .Revenue associated with project will be booked into backlog of unfilled orders for KBR'S E&C business segment in Q3 of 2016.  Full Article

Dupont statement on PFOA personal injury trials
Friday, 8 Jul 2016 

Dupont : On July 8, in second phase of freeman trial, jury awarded $0.5 million in punitive damages plus attorneys' fees; dupont says co will appeal .Dupont statement on pfoa personal injury trials.  Full Article

Dupont loses third case over teflon toxin; Chemours to pay- Bloomberg
Thursday, 7 Jul 2016 

:Dupont loses third case over teflon toxin; Chemours to pay- Bloomberg.  Full Article

Chemours to sell Sulfur Products assets to Veolia North America
Tuesday, 14 Jun 2016 

Chemours Co : Chemours signs definitive agreement to sell sulfur products to Vveolia . Deal for $325 million in cash . Says total gross proceeds from three divestitures will be approximately $700 million .Anticipates closing transaction within second half of 2016.  Full Article

Chemours Co says "strongly refutes" report by Citron Research
Friday, 3 Jun 2016 

Chemours Co - : "strongly refutes" report by Citron Research issued Thursday . Company reaffirms its 2016 outlook of adjusted EBITDA above 2015 performance .2016 outlook includes expectation of $200 million of cost savings realized in 2016.  Full Article

Chemours begins commercial operations of new altamira TiO2 line in Mexico
Tuesday, 17 May 2016 

Chemours Co : Chemours begins commercial operations of new altamira tio2 line in mexico . Production on new line is expected to ramp up steadily with full nameplate capacity of 200,000 metric tonnes per year being achieved over a few years .Anticipates that it will reduce overall costs of tio2 manufacturing by about $20 million annually.  Full Article

BRIEF-Chemours Updates 2017 Forecast, Provides 2018 Outlook, 2020 Key Financial Targets

* CHEMOURS CO - BOARD OF DIRECTORS AUTHORIZED A $500 MILLION SHARE REPURCHASE PLAN