The Chemours Company Reports First Quarter Results

About this update from Chemours Company (the)

[{"type":"text","content":"WILMINGTON, Del., May 5, 2026 /PRNewswire/ -- The Chemours Company ("Chemours" or "the Company") (NYSE: CC), a global chemistry company with leading market positions in Thermal & Specialized Solutions ("TSS"), Titanium Technologies ("TT"), and Advanced Performance Materials ("APM"), today announced its financial results for the first quarter 2026.","length":403,"tagName":"p"},{"type":"text","content":"Key First Quarter 2026 Results & Recent Highlights1","length":55,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net Sales of $1.4 billion, slightly up compared to the corresponding prior-year quarter, with TSS reporting record first quarter results, with continued double-digit year-over-year sales growth in Opteon™ Refrigerants","length":217,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Loss attributable to Chemours of $29 million, or $0.19 per diluted share, compared with Net Loss attributable to Chemours of $5 million, or $0.03 per diluted share, in the corresponding prior-year quarter","length":208,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted Net Income2 of $8 million, or $0.05 per diluted share, compared to Adjusted Net Income of $19 million, or $0.13 per diluted share, in the corresponding prior-year quarter","length":184,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA2,3 of $169 million compared to $166 million in the corresponding prior-year quarter","length":104,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced a global TiO2 price increase effective April 1, 2026, as a continuation of our December price actions; achieved a sequential TiO2 price increase of 3% in Net Sales","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"Received ~$287 million initial net proceeds from the sale of the Kuan Yin site, positioning the Company to paydown €140 million of outstanding debt","length":147,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1033,"olType":false},{"type":"text","content":""Chemours exceeded overall expectations in the first quarter, achieving strong outcomes from both our TSS and TT businesses, paired with the more recent receipt of cash through the completion of a substantial portion of our Kuan Yin property sales enabling us to reduce our deb...

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