The settlement resolves all claims relating to contaminated sites associated with the companiesâ current and former New Jersey operating locations at Chambers Works (Deepwater), Parlin, Pompton Lakes, and Repauno (Gibbstown), as well as claims relating to nationwide PFAS contamination â” and proceedings relating to the financing of site remediation. The litigation had a negative impact of USD 257 mn on Chemoursâs results in Q2 2025. This was a major factor in the group reporting a loss of USD 385 mn for the first half of 2025. Revenue rose by 2.3% to USD 2.98 bn, and EBITDA adjusted for special and one-off effects rose by 5.3% to USD 419 mn.
Related: Chemours announces strategic review of fluorochemicals assets
However, the titanium dioxide business did not perform particularly well in the second quarter, either. In the three months from April to June, it recorded a 3% decline in sales to USD 657 mn due to lower prices compared with the same period last year. Because the division also had to purchase raw materials at higher prices at times due to problems in rail transport causing regular sources to fail, adjusted EBITDA slumped by 43% to USD 47 mn.
By contrast, the other plastics-related division, Advanced Performance Materials (APM), which includes activities for fluoropolymers, fluoroelastomers, membranes, and dispersions, remained fairly stable. Here, sales rose minimally by 0.3% to USD 346 mn, and adjusted EBITDA rose by 11% to USD 50 mn.
For the third quarter, CEO Denise Dignam expects further disruptions in the titanium dioxide business as well as production losses in the APM segment. Nevertheless, she is targeting revenues of between USD 5.9 bn and USD 6 bn for full year 2025 and adjusted EBITDA of between USD 775 mn and USD 825 mn. This is the second time this year that the group has reduced its earnings forecast. At the beginning of the year, the forecast was USD 825 mn to USD 975 mn, and with the figures for Q1 2025, it was already down to between USD 825 mn and USD 950 mn.
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