Chemours Co. Files 10-Q for Q2 2024
Ticker: CC · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, chemicals
TL;DR
Chemours 10-Q filed: Q2 2024 financials out, check for updates.
AI Summary
Chemours Co. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates. Key financial figures and business segments are presented, with a focus on the company's ongoing operations and financial health.
Why It Matters
This filing provides investors and stakeholders with a detailed look at Chemours' financial standing and operational performance during the second quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — The company operates in the chemical industry, which is subject to regulatory scrutiny and market volatility, and the filing may contain details on ongoing legal or environmental matters.
Key Numbers
- 1007 Market Street — Business Address (Physical location of Chemours' headquarters.)
- 302 773 1000 — Business Phone (Contact number for Chemours.)
Key Players & Entities
- Chemours Co. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240801 (date) — Filing date
- Wilmington, DE (location) — Company headquarters and mailing address
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 1, 2024.
What is the company's primary industry based on the SIC code?
The company's primary industry is Chemicals & Allied Products, with a Standard Industrial Classification (SIC) code of 2800.
Where is Chemours Co. headquartered?
Chemours Co. is headquartered in Wilmington, Delaware.
What is the SEC file number for Chemours Co.?
The SEC file number for Chemours Co. is 001-36794.
From the Filing
0000950170-24-089414.txt : 20240801 0000950170-24-089414.hdr.sgml : 20240801 20240801170644 ACCESSION NUMBER: 0000950170-24-089414 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 134 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Chemours Co CENTRAL INDEX KEY: 0001627223 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 464845564 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36794 FILM NUMBER: 241167752 BUSINESS ADDRESS: STREET 1: 1007 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 302 773 1000 MAIL ADDRESS: STREET 1: 1007 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: Chemours Company, LLC DATE OF NAME CHANGE: 20141205 10-Q 1 cc-20240630.htm 10-Q 10-Q Q2 0001627223 false --12-31 P6M P1Y P1Y P1Y http://fasb.org/us-gaap/2023#DebtCurrent http://fasb.org/us-gaap/2023#DebtCurrent http://fasb.org/us-gaap/2023#AccruedEnvironmentalLossContingenciesCurrent http://fasb.org/us-gaap/2023#AccruedEnvironmentalLossContingenciesCurrent http://fasb.org/us-gaap/2023#AccruedEnvironmentalLossContingenciesNoncurrent http://fasb.org/us-gaap/2023#AccruedEnvironmentalLossContingenciesNoncurrent http://www.chemours.com/20240630#RestructuringChargesAssetRelatedAndOtherCharges http://www.chemours.com/20240630#RestructuringChargesAssetRelatedAndOtherCharges http://www.chemours.com/20240630#RestructuringChargesAssetRelatedAndOtherCharges http://www.chemours.com/20240630#RestructuringChargesAssetRelatedAndOtherCharges 2026-12 http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense 0001627223 cc:RestructuringProgramTwoThousandTwentyTwoMember 2023-04-01 2023-06-30 0001627223 us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:NetInvestmentHedgingMember 2023-04-01 2023-06-30 0001627223 srt:RevisionOfPriorPeriodErrorCorrectionAdjustmentMember 2023-01-01 2023-06-30 0001627223 us-gaap:TransferredAtPointInTimeMember us-gaap:AccountingStandardsUpdate201409Member us-gaap:EMEAMember 2023-04-01 2023-06-30 0001627223 us-gaap:BuildingMember 2024-06-30 0001627223 srt:MinimumMember cc:EuroInterbankOfferedRateMember cc:EuroTermLoanMember 2024-01-01 2024-06-30 0001627223 cc:SpecialPurposeEntityMember cc:SecuritizationFacilityMember 2024-01-01 2024-06-30 0001627223 cc:RestructuringProgramTwoThousandTwentyTwoMember 2022-01-01 2024-06-30 0001627223 us-gaap:CommonStockMember 2022-12-31 0001627223 cc:TitaniumTechnologiesTransformationPlanMember 2024-06-30 0001627223 us-gaap:TransferredAtPointInTimeMember cc:TitaniumTechnologiesMember us-gaap:AccountingStandardsUpdate201409Member cc:TitaniumDioxideAndOtherMineralsMember 2024-01-01 2024-06-30 0001627223 us-gaap:TransferredAtPointInTimeMember cc:TitaniumTechnologiesMember us-gaap:AccountingStandardsUpdate201409Member 2024-01-01 2024-06-30 0001627223 cc:ThermalAndSpecializedSolutionsMember us-gaap:TransferredAtPointInTimeMember cc:FreonRefrigerantsMember us-gaap:AccountingStandardsUpdate201409Member 2024-01-01 2024-06-30 0001627223 cc:ThermalAndSpecializedSolutionsMember cc:FreonRefrigerantsMember us-gaap:TransferredAtPointInTimeMember us-gaap:AccountingStandardsUpdate201409Member 2023-01-01 2023-06-30 0001627223 cc:PerformanceStockOptionMember 2024-01-01 2024-06-30 0001627223 stpr:SC 2024-01-01 2024-01-31 0001627223 us-gaap:FairValueInputsLevel2Member cc:SeniorUnsecuredNotesFourPointZeroZeroZeroDueMayTwoThousandTwentySixMember 2023-12-31 0001627223 us-gaap:BaseRateMember cc:EuroTermLoanMember 2024-01-01 2024-06-30 0001627223 cc:LeachSettlementMember cc:PfoaMattersDrinkingWaterActionsMember 2024-06-30 0001627223 cc:ThermalAndSpec