Chemours to Sell Remaining Land at Former Titanium Dioxide Manufacturing Site

Business Strategy Chemours to Sell Remaining Land at Former Titanium Dioxide Manufacturing Site

2026-01-20 Source: Press release Chemours 1 min Reading Time

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Chemours has entered into definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Taiwan to an ownership group including Century Wind Power Co., Century Iron & Steel Industrial Co., and Century Huaxin Wind Energy, Co.

The land sale will generate approximately 360 million dollars in gross cash proceeds, prior to customary taxes and fees.(Source: Pixabay) — The land sale will generate approximately 360 million dollars in gross cash proceeds, prior to customary taxes and fees.
(Source: Pixabay)

Delaware/USA – The Chemours Company, a global chemistry company with leading market positions in Thermal & Specialized Solutions (TSS), Titanium Technologies (TT), and Advanced Performance Materials (APM), has recently signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Century Iron & Steel Industrial Co., and Century Huaxin Wind Energy, Co.

The land sale will generate approximately 360 million dollars in gross cash proceeds, prior to customary taxes and fees. The transactions are expected to substantially close by mid-year 2026, subject to local regulatory approval, inclusive of environmental conditions. The Company will apply cash proceeds to reduce its debt obligations.

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