Volume 93 Issue 48 | p. 10 | News of The Week
Issue Date: December 7, 2015

Chemours Restructuring To End U.S. Production Of Sodium Metal

Reorganization: Action continues cost-cutting moves by the DuPont spin-off
Department: Business
News Channels: Materials SCENE
Keywords: jobs, plant closure, sodium metal, titanium dioxide, fluorochemicals

Struggling to improve its financial position, Chemours is once again pruning operations. By the end of 2016, the company plans to eliminate 600 jobs worldwide and shut down its sodium and lithium metals facility in Niagara Falls, N.Y., the only such operation in the U.S.

The cutback will allow Chemours, which separated from DuPont in July, to operate more efficiently and concentrate on its core titanium dioxide and fluorochemicals businesses, says CEO Mark Vergnano.

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