Chemours breaks ground to build a US$ 150 million production facility in Durango
The Chemours Company, a global chemistry company specialized in titanium technologies, fluoroproducts and chemical solutions, broke ground last Saturday to build of a new Chemours Mining Solutions manufacturing facility in the state of Durango, Mexico. This project represents an estimated US$ 150 million investment.
Located in the municipality of Gomez Palacio, the new facility “will ensure a safe and reliable supply to the mining industry in Mexico,” said the company in a statement.
“This project is a further demonstration of our five-point transformation plan and will support the growing needs of the Mexican mining market,” said Mark Vergnano, Chemours president and CEO. “We’ve had successful operations in Mexico for over 90 years, and this undertaking reinforces our continued commitment to our Chemours Mining Solutions business.”
Chris Siemer, president of the company’s chemical solutions business unit, said this production facility in Mexico will significantly increase their capacity and will include state-of-the-art manufacturing technology and production processes.
Its location near some of the largest deposits of gold and silver in Mexico and in the heart of the mining industry will enable Chemours to broaden support its customers by providing a distinct competitive advantage in supply chain routing.