A tough 2019 at Chemours 2020 outlook 'uncertain'

摘要

Wilmington, Delaware - Chemours, the blowing agent to inorganic chemicals company, had total sales of $5.5bn in 2019, down 16.8% on the previous financial year. Adjusted EBITDA across the business fell by 41.4%, to $1bn in 2019. 'Our results for 2019 reflect a challenging year on several fronts, including TiO2 destock- ing, and the continued impact of illegal imports of HFC refrigerants into Europe,' said CEO Mark Vergnano. '[These were] offset to some extent by record results in Chemical Solutions.'