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Business
Chemours To Close TiO2 Capacity
by Alexander H. Tullo
August 24, 2015
| A version of this story appeared in
Volume 93, Issue 33
DuPont spin-off Chemours has unveiled plans to shutter titanium dioxide capacity in line with a recently announced $350 million cost-cutting plan. By the end of September, the firm will halt production at its Edgemoor plant, near Wilmington, Del., and shutter a line at its New Johnsonville, Tenn., facility. Together they account for about 150,000 metric tons per year of TiO2 capacity. Chemours says the moves will reduce annual costs by $45 million.
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