Chemours Reaches Agreement to Sell Former Titanium Dioxide Site
The Chemours Company has signed definitive agreements to sell the remaining land at its former titanium dioxide manufacturing site in Kuan Yin, Taiwan to an ownership group that includes Century Wind Power Co. Ltd., Century Iron & Steel Industrial Co. Ltd. and Century Huaxin Wind Energy Co. Ltd.
The transaction is expected to generate approximately $360 million in gross cash proceeds before customary taxes and fees. According to the company, the transactions are expected to substantially close by mid-year 2026, subject to local regulatory approval including environmental conditions. Chemours said it plans to apply the proceeds toward reducing its debt obligations.
Dismantling and removal procedures at the Kuan Yin site were completed in the first quarter of 2025. The company previously operated titanium dioxide manufacturing activities at the location through its Titanium Technologies business.
Chemours operates across several markets including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics and general industrial applications. The company said the sale aligns with its ongoing portfolio and balance sheet management efforts.
This announcement reflects continued restructuring and portfolio optimization activity across the global TiO₂ and coatings supply chain.
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