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The Chemours Company announced on August 20 two decisions that are elements of the company’s five-point transformation plan. It will close its Edge Moor manufacturing site, outside Wilmington, Delaware, USA, which produces TiO2 and will shut down a TiO2 line (line 3) at its Johnsonville plant in New Johnsonville, Tennessee.
Together these actions will eliminate roughly 150,000t of TiO2 capacity, while refocusing TiO2 production at four manufacturing sites that employ the full range of Chemours TiO2 technology strengths. These changes position the company to grow in the TiO2 industry, by enhancing its production capabilities. Importantly, they allow the company to continue to meet the needs of its customers around the globe. "The decisions we are announcing today are connected directly to our five-point transformation plan, which sets out a clear, achievable path to our becoming a higher value chemistry company,” said Mark Vergnano, Chemours President and CEO.
