WILMINGTON, DE - The Chemours Co. has signed a definitive agreement to sell its aniline facility in Beaumont, TX, to The Dow Chemical Co. for approximately $140 million in cash.
As part of this transaction, Chemours has entered into an agreement to meet Dow's additional aniline requirements with supply from its Pascagoula, MS, facility. Chemours will continue to serve other aniline customers from its Pascagoula plant.