Chemical
Chemours to sell Taiwan land for $360 million, plans debt reduction
The buyers include Century Wind Power Co., Century Iron & Steel Industrial Co., and Century Huaxin Wind Energy, Co.
-
By ICN Bureau | January 17, 2026
The Chemours Company, a global chemistry leader in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, has announced that it has signed definitive agreements to sell the remaining land at its former titanium dioxide manufacturing site in Kuan Yin, Taiwan.
The buyers include Century Wind Power Co., Century Iron & Steel Industrial Co., and Century Huaxin Wind Energy, Co.
“The land sale will generate approximately $360 million in gross cash proceeds, prior to customary taxes and fees,” Chemours said. The company expects the transactions to substantially close by mid-2026, pending local regulatory approval and environmental conditions.
Chemours added that it “will apply cash proceeds to reduce its debt obligations,” signaling a strategic move to strengthen its balance sheet.
