5.0
25 Sept 2016
Anonymous employee
Current employee
Recommend
CEO approval
Business outlook
Pros
Got rid of under performing business units, including the removal of 9-10 plant sites from it's balance sheet since 2Q 2016. Remaining businesses are all strong, and Global Leaders in each of their product categories. . Wall Street forecast explosive growth for Chemours in 2017. Chermours consist of DuPont's former Titanium Dioxide business which was the 20% of DuPont's bottom line for the past two decades. Certainly a great and exciting place for the next several years.
Cons
High debt DuPont straddled them with after the spin-off. However, didn't Carlyle do the same thing to the coatings business called Axalta today and look how fast they paid that debt down under 4 years?