Chemours releases Q1 results

Chemours announced Q1 2019 results with net sales of US$1.4 billion, compared to US$1.7 billion in Q1 2018. Results were driven primarily by lower volume in Titanium Technologies, resulting in a 20% decrease in net sales. Net income in Q1 2019 was US$94 million and adjusted net income was US$109 million. Titanium Technologies segment net sales in Q1 2019 were US$555 million versus US$854 million in the prior year quarter.