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Chemours Reports 4Q, Full Year 2022 Results

For full year 2022, net sales were $6.8 billion, up 7% year-over-year, with adjusted EBITDA of $1,361 million, up 4% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Chemours Company announced its financial results for the fourth quarter and full year 2022. For 2022, net sales were $6.8 billion, up 7%, or $0.4 billion, from 2021. Net sales rose on a year-over-year basis driven by strong pricing, partially offset by lower Titanium Technologies (TT) volume, especially in the second half of the year, and currency headwinds. 2022 net income of $578 million resulted in EPS of $3.65. Adjusted net income rose 9% to $738 million, while adjusted EPS rose $0...

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