Cover of Q2 2021 Issue of World Biz Magazine
Example of content page - Q2 2021 WBM
Brent Collver, CEO of Romet Limited Interview card
World Biz Magazine - Q2-2021 Issue out now.
Within this issue of the magazine we have brought together a cast of world leading business leaders to share ideas and address the operational challenges faced by their peers.” Mike Walters, Editor in Chief - World Biz MagazineLONDON, ENGLAND, UNITED KINGDOM, May 12, 2021 /EINPresswire.com/ World Biz Magazine, the leading global C-Suite journal focused on Innovation and Leadership has released its Q2-2021 issue. Continuing the distinguished legacy of World Biz Magazine, this issue of the stylish boardroom journal is packed with hard-hitting editorial insights and thought leadership features from some of the world s most authoritative leaders in their fields.
More Than $7 Million Raised in Inaugural Year of Chemical Industry s Equity, Diversity & Inclusion Initiative
Future of STEM Scholars Initiative will Fund 151 Scholars in 2021
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Future of STEM Scholars Initiative (FOSSI) today announced the program surpassed its 2021 goal to fund scholarships for 150 students majoring in science, technology, engineering, and math (STEM) at Historically Black Colleges and Universities (HBCUs). The program will support 151 scholars in its inaugural year, at an investment of $7.2 million dollars. Multi-year commitments from sponsoring organizations have raised an additional $4 million in support of future scholars.
Launched last year by the American Chemistry Council (ACC), the American Institute of Chemical Engineers (AIChE), The Chemours Company and the HBCU Week Foundation, FOSSI is the chemical industry s collaborative equity, diversity and inclusion initiative aimed at creating path
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Highlights
Net Income of $96 million.
Adjusted Net Incomeof $120million with Adjusted EPS of $0.71
Adjusted EBITDA of $268 million
On April 29, the company’s board approved a second-quarter dividend of $0.25 per share, consistent with the prior quarter
2021 revised outlook
Adjusted EBITDA between $1.10 and $1.25 billion, up $100 million at the midpoint vs. prior outlook
Free Cash Flow now expected to be greater than $450 million, up $100 million vs. prior outlook
“We are off to a great start in 2021 as the broad economic recovery drove strong year-over-year and sequential volume growth across the majority of our portfolio, leading to the highest quarterly sales total in more than two years,” said Chemours CEO Mark Vergnano. “This outcome was achieved despite managing through supply chain challenges and operational headwinds, most notably from Winter Storm Uri. Looking ahead, our strong 1Q results and growing confidence in the outlook allows u