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The Chemours Company signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Taiwan.
January 20, 2026
By: KERRY PIANOFORTE
Editor, Coatings World
The Chemours Company signed a set of definitive agreements to sell the remaining land1 at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Ltd., Century Iron & Steel Industrial Co., Ltd., and Century Huaxin Wind Energy, Co., Ltd.
The land sale will generate approximately $360 million2 in gross cash proceeds, prior to customary taxes and fees. The transactions are expected to substantially close by mid-year 2026, subject to local regulatory approval, inclusive of environmental conditions. Chemours will apply cash proceeds to reduce its debt obligations.
1 Dismantling and removal procedures for the Kuan Yin site were completed in the first quarter of 2025.
2 Reflects TWD to USD exchange rate as of the time of this release.
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