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The Chemours Company (/ k ɛ ˈ m ɔːr z /, kem-ORZ) is an American chemical company that was founded in July 2015 as a spin-off from DuPont. It has its corporate headquarters in Wilmington, Delaware, United States. [3] Chemours is the manufacturer of Teflon, the brand name of polytetrafluoroethylene (PTFE), known for its anti-stick properties ...
In 2015, DuPont formed Chemours, transferring the factory's ownership to the company. [2] [6] Despite the name change, the factory remained under the leadership of the same leadership team. [7] As of 2019, Jay Valvo was the plant manager. [7] That year there was 608 full time employees and 432 full time contractors working on site. [7]
DuPont (formerly), Chemours: Frequently used to refer to any type of refrigerant, [113] though Freon is specifically Dichlorodifluoromethane, or R-12. Frisbee: Flying disc: Wham-O [114] Frequently used to describe the flying disc toy, as well as sports such as Ultimate Frisbee [115] and Frisbee Golf . [116] Gib board: Drywall
While Chemours (CC) is exposed to supply-chain issues and higher input costs, it gains on healthy demand, strong execution and its cost-reduction and pricing actions.
Chemours' (CC) new facility is one of Delaware's biggest R&D centers and one of the largest R&D facilities in the chemical industry.
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The company filed its initial Form 10 with the SEC in December 2014 and announced that the new company would be called The Chemours Company. [43] The spin-off to DuPont shareholders was completed on July 1, 2015, and Chemours stock began trading on the New York Stock Exchange on the same date.
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