Due to severe drought in Mexico, Chemours has paused production at its Altamira Titanium Dioxide facility, complying with a government request.
The company is collaborating with partners to find short- and long-term solutions while continuing to serve customers through other facilities.
The duration of the production halt remains uncertain.
As a result of the severe drought impacting much of Mexico, The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, announced it is complying with a request from the government to temporarily minimize water intake, which has led to a pause in production at its Altamira Titanium Dioxide (TiO2) manufacturing facility to conserve water for the surrounding communities.Chemours remains committed to serving customers through its other world class assets. We are working closely with government, business, and community partners to identify and implement short-and long-term solutions.
At this time, Chemours cannot predict this event’s duration due to the uncertainty of the factors outside of its control.
Due to severe drought in Mexico, Chemours has paused production at its Altamira Titanium Dioxide facility, complying with a government request.
The company is collaborating with partners to find short- and long-term solutions while continuing to serve customers through other facilities.
The duration of the production halt remains uncertain.#
Note: The content of this press release has not been edited by Fibre2Fashion staff.
ALCHEMPro News Desk (HU)