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Stock impact report

Chemours Discontinues U.S. Sales of Legacy Freon™ Refrigerants 404A and 507 [Yahoo! Finance]

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
WILMINGTON, Del., May 02, 2024 BUSINESS WIRE )--The Chemours Company ("Chemours") (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its strategic decision to cease sales of Freon™ 404A (R-404A) and Freon™ 507 (R-507) in the United States. Chemours—the inventors of Freon™ and Opteon™ refrigerant portfolios —will discontinue U.S. sales of these select Freon™ products as of May 2, 2024, in support of regulatory phasedown requirements. The strategy aligns with regulatory phasedowns of hydrofluorocarbons (HFCs), outlined under the American Innovation and Manufacturing (AIM) Act and Canada's Ozone-depleting Substances and Halocarbon Alternatives Regulations (ODSHAR). "This decision supports our commitment to creating a better world through the power of our chemistry, advancing decarbonization, circularity, and socioeconomic value through greener solutions in Show less Read more
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