DuPont Spins Off Chemical Sections
WILMINGTON, Del. – DuPont split off a large portion of its chemicals business today into the new Chemours Company.
Chemours is now an independent a global chemical company with leading market positions in titanium technologies, fluoroproducts and chemical solutions. It’s traded on the New York Stock Exchange under the ”CC” symbol.
Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. Flagship products include prominent brands such as Teflon®, Ti-Pure®, Krytox® Viton®, Opteon® and Nafion®; the newly christened company employs approximately 9,000 across 37 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe.
“We think of Chemours as a 200-hundred-year-old start-up,” said Mark Vergnano, company president/CEO. “We bring to the market a rich heritage based on our DuPont legacy and built on industry leadership and innovation adding the energy and agility of a customer-centered, global business fresh out of the starting gate.
“Our workforce is among the best in the industry; they bring years of experience, deep chemistry expertise, and outstanding engineering knowledge to our more than 5,000 customers across the globe. Together, we’re going to build on our strengths, while becoming more streamlined and responsive.”
Vergnano is joined by an experienced executive team, who bring extensive industry knowledge and strong operating skills to Chemours, including:
- Mark E. Newman, Senior Vice President, Chief Financial Officer
- E. Bryan Snell, President, Titanium Technologies
- Thierry Vanlancker, President, Fluoroproducts
- Chris Siemer, President, Chemical Solutions
- Beth Albright, Senior Vice President, Human Resources
- Erich Parker, Vice President of Corporate Communications and Chief Brand Officer
- Dave Shelton, General Council & Corporate Secretary
For more information, go to chemours.com or follow the company on Twitter at @chemours.
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