Chemours to sell former titanium dioxide site in Taiwan
Last update on Jan 19, 2026
The Chemours Company (Chemours) 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., Ltd., Century Iron & Steel Industrial Co., Ltd., and Century Huaxin Wind Energy, Co., Ltd.
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Land sale yields $360 million to cut debt
Chemours is a chemistry company with leading market positions in Thermal & Specialized Solutions (TSS), Titanium Technologies (TT), and Advanced Performance Materials (APM).
The land sale will generate approximately $360 million 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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