TiO2 Producer Chemours Outlines Transformation Plan amid Challenging Market

SUGAR LAND--March 11, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--The Chemours Company (NYSE:CC) (Wilmington, Delaware) has suffered substantial separation pains since its spinoff last year from E.I. du Pont de Nemours and Company (DuPont) (NYSE:DD) (Wilmington). The nascent titanium dioxide (TiO2) and fluoro-products company reported a significant loss for 2015, citing a drop in sales revenue on flagging pigment prices, as well as high restructuring costs and interest expenses. But executives have high hopes for the future as the chemicals processing company sheds costs and improves earnings. Some of those hopes hinge on Chemours' newly-completed TiO2 plant in Altamira, Mexico. Within this article: Details of recently completed Altamira TiO2 plant expansion.