WILMINGTON, DE — The Chemours Company (NYSE: CC) issued an updated outlook for the second quarter of 2025, highlighting robust performance across several business segments. Notable gains are projected for both net sales and adjusted EBITDA, reflecting strong demand and substantial operational improvements, though some challenges impacted specific areas.
The Thermal & Specialized Solutions (TSS) segment has seen a significant upswing, with anticipated sequential net sales growth of approximately 25%. This boost is driven by a surge in demand for Opteon™ refrigerants, supported by the U.S. AIM Act transition to low-global warming potential refrigerants. Adjusted EBITDA for TSS is also forecasted to rise nearly 40% for the quarter.
Meanwhile, Advanced Performance Materials (APM) is expected to report a sequential adjusted EBITDA increase of roughly 25%, attributed to stronger cost performance. Net sales for the segment are projected to align with initial expectations, reflecting low-teens sequential growth.
The Titanium Technologies (TT) segment presented mixed results, with net sales meeting high single-digit sequential growth expectations. However, adjusted EBITDA is projected to decline by about 15% sequentially due to operational challenges. Disruptions at U.S. facilities caused by a rail line service interruption forced the company to use higher-cost ore feedstock, incurring incremental costs of approximately $15 million. Additional one-time operational disruptions amounted to $10 million for the quarter.
On a corporate level, Chemours anticipates slightly elevated overall costs associated with ongoing legacy litigation, particularly related to the New Jersey trial, as part of its efforts to resolve historical issues under its Strengthening the Long Term strategy.
Overall, Chemours now projects consolidated net sales for the second quarter to reach the high end of its initial guidance, reflecting a mid-teens sequential increase. Adjusted EBITDA is expected to fall between $215 million and $225 million, with consolidated free cash flow remaining positive.
A detailed financial update will be shared during the company’s second-quarter earnings report later this year.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.