Chemours Company (the) · NYSE:CC
Chemours Company (the) — Investor Presentation (June 2017)
21 slides from Chemours Company (the)'s investor presentation, Jun 28, 2017
Slide 1: The Chemours Company Investor Deck
The Chemours Company Investor Deck June 28-29, 2017 Exhibit 99.1
Slide 2: Forward-looking statements and non-GAAP disclaimer
This presentation contains forward-looking statements, within the meaning of the federal securities laws, that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relat
Slide 3: The Chemours Company at a Glance
The Chemours Company at a Glance Chemicals used in gold production, oil refining, agriculture, industrial polymers and other industries #1 producer in Americas of solid sodium cyanide Sales1:$5,540 Adj. EBITDA1:$979 % margin:18% Titanium Technologies Sales1:$2,490 Adj. EBITDA1:571 % margin: 23% Fluo
Slide 4: Titanium Technologies Business Overview
Global leader in TiO2 with production capacity of 1.25 million metric tons 4 TiO2 plants with 7 production lines Packaging facility at Kallo, Belgium Mineral sands mine at Starke, FL Industry-leading manufacturing cost position Unique chloride technology Feedstock flexibility Strong brand reputation
Slide 5: Dynamics of the TiO2 Market
Dynamics of the TiO2 Market Chemours actions and accomplishments are consistent with our assessment of the opportunities within TiO2 application segments Historical View Economic cycles are hard to predict All TiO2 is fungible Universal grades enabled rapid substitution Supply-demand dynamics alone
Slide 6: 2017 Pricing Actions
2017 Pricing Actions DIFFERENTIAL PRICING March 1 price increases announced in February Price increases varied by region, ranging from $100-€200 per tonne July 1 price increases announced in June Price increases ranged from $130-$350 per tonne Continued differential pricing actions support value pro
Slide 7: Customer Value Proposition
Customer Value Proposition 4,000 3,000 Volume (Metric Kt) Multi-Purpose Value 5,000 High Low 2,300 Ti-Pure™ total offering and product design provide differential performance and enhanced value to the end user Premium Architectural Ti-Pure™ One Coat™ Durable agricultural films Ti-Pure™ R-105 … High
Slide 8: Fluoroproducts Business Overview
Supplies products for high performance applications across broad array of industries #1 in Fluoroproducts globally Fluorochemicals: #1 in refrigerants, #1 in propellants, #3 in foaming agents Fluoropolymers: #1 in industrial resins, #1 in fluoropolymer specialties Key Brands include Teflon™, Freon™,
Slide 9: Fluoropolymers Diverse and Broad End Use Applications
Fluoropolymers Diverse and Broad End Use Applications Consumer Semicon Telecommunications Medical Chemours provides tailored solutions for complex and demanding applications Consumer Electronics Power & Energy Automotive Strong collaborations in key end markets Improved demand across all regions is
Slide 10: Opteon Growth Market Dynamics and Opportunities
Opteon™ Growth Market Dynamics and Opportunities Global Warming Potential phasedown regulations expanding worldwide Market adoption ramp up of IP-protected HFO portfolio Energy efficiency needs Regulatory volume reductions for base refrigerants, partially offset by higher prices Excess capacity with
Slide 11: Chemical Solutions Overview
Portfolio of industrial businesses primarily operating in the Americas Unmatched reputation for safety, reliability and stewardship Three production facilities located in North America Chemical Solutions Overview Source:Company filings and data Reflects full year 2016 segment net sales Mining Soluti
Slide 12: Mining Solutions Supports Gold Production Market in the Americas
Mining Solutions Supports Gold Production Market in the Americas 2016 (282 kt) 2021E (446 kt) Americas Solid Sodium Cyanide Market Demand NaCN is a critical enabler for gold production Gold prices will continue to be volatile but Americas gold production is favored with lower production costs than r
Slide 13: Strong 2017 Financial Performance Expectations
Strong 2017 Financial Performance Expectations Key Factors Influencing Market Performance Market Factors TiO2 price Currency End-market demand Seasonality Regulatory uncertainty Chemours Initiatives Cost reductions Altamira expansion ramp-up Opteon market adoption Corpus Christi expansion Impacts fr
Slide 14: ©2017 The Chemours Company. Chemours™ and the Chemours Logo are trademarks or registered trademarks
©2017 The Chemours Company. Chemours™ and the Chemours Logo are trademarks or registered trademarks of The Chemours Company
Slide 15: Appendix
3 { ‘Appendix ™~
Slide 16: GAAP Net Income to Adjusted EBITDA and Adjusted Net Income Reconciliations
GAAP Net (Loss) Income to Adjusted EBITDA and Adjusted Net Income Reconciliations GAAP Net Income (Loss) to Adjusted Net Income and Adjusted EBITDA Tabular Reconciliations(UNAUDITED)($ in millions except per share and unless otherwise noted)Three months ended March 31,Three months ended December 31,
Slide 17: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation GAAP Cash Flow to Free Cash Flow Tabular Reconciliations (UNAUDITED) ($ in millions unless otherwise noted) Three months ended March 31, December 31, 2017 2016 2016 Cash flows provided by (used for) operating activities 1 $ 41 $ 36 $ 269 Cash flows used for purchases of
Slide 18: Segment Net Sales and Adjusted EBITDA
Segment Net Sales and Adjusted EBITDA (unaudited) SEGMENT NET SALES AND ADJUSTED EBITDA(UNAUDITED)($ in millions unless otherwise noted)Three months ended March 31,Three months ended December 31,201720162016SEGMENT NET SALESTitanium Technologies $646 $521 $623 Fluoroproducts 652 531 569 Chemical Sol
Slide 19: Segment Net Sales
Segment Net Sales (Unaudited) SEGMENT NET SALES (UNAUDITED)(dollars in millions)LTMYTD1Q171Q1720164Q163Q162Q161Q16Titanium Technologies $2,490 $646 $2,364 $623 $625 $596 $521 Fluoroproducts 2,385 652 2,264 569 591 573 531 Chemical Solutions 665 139 772 130 182 214 245 TOTAL CHEMOURS $5,540 $1,437 $5
Slide 20: Reconciliation of Outlook 2017 Estimated GAAP Net Income to Adjusted EBITDA
Reconciliation of Outlook 2017 Estimated GAAP Net Income to Estimated Adjusted EBITDA Tabular Reconciliation (UNAUDITED) ($ in millions unless otherwise noted) Estimated Net Income 1 >620 Provision for income taxes 1 2 ~165 Interest expense, net ~215 Depreciation and amortization ~280 Other reconcil
Slide 21: ©2017 The Chemours Company. Chemours™ and the Chemours Logo are trademarks or registered trademarks
©2017 The Chemours Company. Chemours™ and the Chemours Logo are trademarks or registered trademarks of The Chemours Company