Chemours announces financial results

Chemours announced financial results for Q4 and FY 2018 with 2018 net sales of US$6.6 billion, a 7% increase from US$6.2 billion in 2017, reflecting higher prices across all segments. FY 2018 net income increased to US$995 million compared to US$746 million in 2017. Titanium Technologies segment sales for 2018 were US$3.2 billion, an increase of 7% versus 2017, driven by increased global average selling prices partially offset by lower volume in comparison to 2017.