Record Opteon Sales Growth
Opteon sales maintained double-digit growth of 80% compared to the prior year quarter, marking a third quarter record. Opteon Refrigerants now account for 80% of total refrigerant sales, an increase from 58% in the previous year.
Successful Technical Qualification in TSS
The TSS segment achieved successful technical qualification of the two-phase immersion cooling fluid by Samsung Electronics, enhancing the commercialization of liquid cooling products.
Operational Recovery in APM
APM business saw solid top-line performance with the resumption of normal operations at Washington Works following external utility disruptions. The segment made strategic progress by completing the shutdown of the SPS Capstone product line.
Cost Structure Improvements
Chemours made progress against underlying cost structure, with cost-out efforts contributing to improved financial performance.