Chemours Sees Growth with Samsung Endorsement and 2PIC Commercialization

Chemours Company has been endorsed by Samsung for its 2PIC product, positioning it as a leader in the materials space. The upcoming commercialization of the product in 2026 is expected to drive growth, despite the need for EPA approval in the US. Other business segments, such as APM and TSS, and cost-saving measures in the TT business, are also contributing to the company's potential to outperform the market. Analyst John McNulty maintains a Buy rating and a $15.00 price target.

Chemours Company (CC) has received a significant endorsement from Samsung Electronics, positioning its 2PIC (two-phase immersion cooling fluid) product as a leader in the materials space. This strategic partnership is poised to drive growth for Chemours, despite the need for EPA approval in the US. The upcoming commercialization of the product in 2026 is expected to be a key driver of the company's future performance.

The earnings call held by Chemours revealed strong Q2 results, with notable successes in the Thermal & Specialized Solutions (TSS) segment, particularly in Opteon Refrigerants, which saw a 65% year-over-year increase in net sales. However, the company also acknowledged operational challenges in the Titanium Technologies (TT) and Advanced Performance Materials (APM) segments, which could pose risks in the upcoming quarters. Cost-saving measures in the TT business are being implemented to mitigate these risks.

Analyst John McNulty maintains a Buy rating and a $15.00 price target for Chemours, reflecting the company's potential to outperform the market. The settlement with the State of New Jersey, which resolves all environmental claims with a net present value of approximately $250 million over a 25-year payment period, is also seen as a positive development.

Chemours' 2PIC product, Opteon™, has been successfully qualified by Samsung for use with its Solid State Drive (SSD) technology. This milestone marks a significant advancement in the adoption of two-phase immersion cooling fluids, ensuring fluid compatibility and performance with current-generation Samsung SSDs. The qualification process involved rigorous testing and collaboration with Liquid Stack and PKI Corporation, demonstrating the robustness and reliability of the Opteon™ fluid.

The successful qualification of Opteon™ two-phase immersion cooling fluid by Samsung is a significant achievement for Chemours. It not only enhances the company's reputation in the materials space but also positions it as a key player in the evolving digital infrastructure needs driven by AI and high-performance computing. The fluid offers superior compatibility, enables higher IT loads, and dramatically reduces energy and water use, translating to reduced costs for downstream users.

Despite the challenges faced in the TT and APM segments, Chemours' strategic partnership with Samsung and the upcoming commercialization of 2PIC in 2026 present substantial growth prospects. The company's ability to navigate these challenges and capitalize on its strengths in the TSS segment positions it well to outperform the market.

References:
[1] https://www.csrwire.com/press_releases/825111-samsung-electronics-successfully-qualifies-chemours-opteontm-two-phase
[2] https://mountainstatespotlight.org/2025/08/07/chemours-forever-chemicals-judge-order/
[3] https://www.theglobeandmail.com/investing/markets/stocks/CC/pressreleases/33983097/chemours-company-reports-strong-q2-amid-challenges/