Add Chemours Co., Trinseo and Huntsman Corp. to the list of rubber- and plastics-related firms that did well financially in 2021.
Wilmington, Del-based Chemours saw sales for the year jump 26 percent to $6.3 billion, with profit almost tripling to $608 million. Plastics-related products made by Chemours include fluoropolymers, fluoroelastomers and titanium dioxide, a common plastics whitener.
Chemours' Titanium Technologies unit, including TiO2, saw sales grow almost 42 percent to $3.4 billion. Sales at the firm's Advanced Performance Materials unit, including fluoropolymers, were up 27 percent to $1.4 billion.
"The work our teams have done, and the results we have delivered in 2021, built the momentum for stronger results in 2022," President and CEO Mark Newman said in a news release. "Our outlook reflects our belief in a continued economic recovery from the challenges caused by the global pandemic and a normalization of supply chains early in 2022."