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Chemical stocks on the rise after new use rules withdrawn by EPA

Shares of several chemical names, including Chemours (CC), are on the rise on Tuesday after the U.S. Environmental Protection Agency withdrew new use rules for 18 chemicals. In the Federal Register of June 20, 2023, EPA proposed significant new use rules under the Toxic Substances Control Act for 18 chemical substances that were the subject of premanufacture notices and a subsequent TSCA Order. EPA is withdrawing the proposed rules because the Agency withdrew the TSCA Order that was the basis of the rules on December 18, 2024, the agency explained.

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