The Chemours Company Makes the 2017 Fortune 500 List

Mon Jun 12 11:16:42 CST 2017 Source: coowor.com Collect Reading Volume: 428
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The Chemours Company (Chemours), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, today announced that in less than two years after its 2015 spinoff it has been named for the first time to the Fortune 500 list of the nation’s largest corporations.

With $5.5B in revenues in 2016, Chemours ranks #482 on the overall list revealed today via Fortune Magazine. “We’re so proud to see our name on this coveted list less than two years after becoming a public company and overcoming some real challenges at our start,” said Mark Vergnano, president and CEO, adding, “This honor was not given; it was earned. It is a testament to the flawless execution by our workforce of our five-point transformation plan, and demonstrates the strides that our company has made to become a stronger, healthier, and more stable company.” Chemours’ transformation plan, launched in 2015, has served as the company’s roadmap to dramatic fiscal and organizational improvements.

Its focus continues to be reducing structural costs, growing market positions, optimizing the company’s portfolio, refocusing investments, and transforming the company’s culture. Said Vergnano, “While it’s affirming to make the Fortune 500 list, we realize we have to keep working hard to stay on the list, to bring our transformation plan to a successful completion by the end of 2017, and to realize our full potential as we continue on our journey of growth.”

Editor: Davidwen