Mexico. The Chemours Company is forecast to end its sales year with 3-5% growth within the fluoroproducts and chemical solutions divisions; and 6% in the titanium dioxide division, said Luis Rebollar, the company's managing director in Mexico.
The leader recently highlighted, through a press conference, that the company recorded revenues of US $ 6,400 million worldwide last year, of these, 15% was contributed by Latin America and 43% originated from North America.
Currently, Chemours expects to finish with the expansion of its plant located in the region of Altamira, Tamaulipas, where it develops titanium dioxide for export to some countries in Europe, as well as russia, Brazil and Argentina. The investment of this plant was about US$580 million in a process that began in 2011 and expects to end in 2015.
With the expansion, Chemours will increase its production of this raw material from 150 thousand tons per year to 350 thousand. The company records sales of US$400 million a year. "Those 200,000 tons per year represent approximately US$600 million in exports that we could reach in a period of four years," Rebollar said.
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