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    Home > Coatings News > Paints and Coatings Market > Chemours completes sale of mining solutions business to Draslovka for $521 million

    Chemours completes sale of mining solutions business to Draslovka for $521 million

    • Last Update: 2022-02-17
    • Source: Internet
    • Author: User
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    WILMINGTON , Delaware, Dec.
    1, 2021 /PRNewswire/ -- The Chemours Company ("Chemours") (NYSE: CC) is a leader in titanium technology, thermal and professional solutions A global chemical company with leading market positions in solutions, advanced high performance materials and chemical solutions, today announced the completion of the sale of its mining solutions business to Draslovka Holding as ("Draslovka"), a Czech Republic-based company specializing in Private companies producing cyanide
    .
    "The sale of Mining Solutions supports our focus on sustainable growth in our three primary businesses, while strengthening our balance sheet and our ability to create long-term shareholder value," said Chemours President and CEO Mark Newman
    .
    "This transaction accelerates an already underway transformation strategy to grow and improve the quality of our earnings, while providing greater financial flexibility
    .
    We will remain disciplined in capital allocation and are committed to continuing a balanced approach to creating Value
    .
    About The Chemours Company About The Chemours Company The Chemours Company (Chemours or the Company) (NYSE: CC) is a global leader in titanium technologies, thermal and specialty solutions, advanced high-performance materials and chemical solutions , providing customers in a variety of industries with solutions with market-defining products, application expertise and chemical innovation.
    We provide custom solutions to the market, including a variety of industrial and specialty chemical products, including coatings, plastics, refrigeration and air conditioning , Transportation, Semiconductor & Consumer Electronics, General Industrial, Mining, and Oil & Gas .
    Our flagship products include well-known brands such as Ti-Pure™, Opteon™, Freon™, Nafion™, Krytox™, Teflon™ and Viton™.
    2019 Chemours named to Newsweek's list of America's Most Responsible Companies





    .
    The company has approximately 6,500 employees and 30 production sites, serving approximately 3,300 customers in approximately 120 countries
    .
    Chemours is headquartered in Wilmington, Delaware, and trades on the New York Stock Exchange under the symbol CC
    .


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