Chemours releases financial results

Chemours reported Q2 2018 net sales of US$1.8 billion, an increase of 14% from Q2 2017. Q2 2018 net income was US$281 million, an increase of 75% from Q2 2017. Adjusted EBITDA for Q2 2018 increased 38% to US$497 million. The improvement was a result of increased sales partially offset by higher distribution and raw material costs.