{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-035275","form_type":"8-K","ticker":"CC","cik":"0001627223","company_name":"Chemours Co","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.606273+00:00","generated_at":"2026-06-12T23:04:22.785534+00:00","sec_items":["2.02","2.05","2.06","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Chemours Q2 net loss of $376M; guides FY Adjusted EBITDA down 9%; to close TiO2 plant in Taiwan","bullets":["Q2 Net Sales $1.6B (-14% YoY); Net Loss $(376)M, EPS $(2.52); Adjusted EPS $1.10.","FY 2023 Adjusted EBITDA guidance reduced to $1.100B–$1.175B (down 9% at midpoint); FCF guidance >$325M.","Closure of Kuan Yin TiO2 plant effective Aug 1; expects $150M–$160M pre-tax charges in Q3, plus $25M–$45M decommissioning.","PFAS settlement: Chemours’ share $592M; agreed to sell Glycolic Acid business for $137M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-035275","json":"https://secwatch.observer/filing/0000950170-23-035275.json","markdown":"https://secwatch.observer/filing/0000950170-23-035275.md","text":"https://secwatch.observer/filing/0000950170-23-035275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627223/000095017023035275/0000950170-23-035275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627223/000095017023035275/cc-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:04:22.785534+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9825fcc8239e03418e768902a85fdae7074a11b1","claim":"Chemours Co reported second quarter 2023 results: revenue $1.6 billion, net income Net Loss of $(376) million with EPS of $(2.52), EPS $(2.52). Guidance lowered.","evidence_excerpt":"quarter 2023 paired with the announcement of the closing of the Kuan Yin, Taiwan titanium dioxide manufacturing facility. Second Quarter 2023 Results & Highlights • Net Sales of $1.6 billion • Net Loss of $(376) million with EPS 1 of $(2.52) • Adjusted Net Income 2 of $167 million with Adjusted EPS 2 of $1.10 • Adjusted EBITDA 2 of $324 million and Free Cash Flow of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1627223/000095017023035275/0000950170-23-035275-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$1.6 billion"},{"label":"Net income","value":"Net Loss of $(376) million with EPS of $(2.52)"},{"label":"EPS","value":"$(2.52)"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"93d15699878a68b14a5492fb4e3f6f7effbba6a2","claim":"Chemours Co announced a restructuring with charges of approximately $150 million to $160 million affecting Titanium Technologies segment manufacturing site in Kuan Yin, Taiwan.","evidence_excerpt":"As a result, in the third quarter 2023, the Company expects to record pre-tax asset-related impairment, restructuring, and other charges in the range of approximately $150 million to $160 million, comprised primarily of non-cash charges of approximately $130 million related to property, plant and equipment, inventory and other assets, and cash charges","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1627223/000095017023035275/0000950170-23-035275-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $150 million to $160 million"},{"label":"Affected area","value":"Titanium Technologies segment manufacturing site in Kuan Yin, Taiwan"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}