Massive growth opportunities for Chemours China

Li Jiang, the new chairman of chemical company Chemours China, expects major growth opportunities this year.

Part of the Chemours Company in the United States, the Chinese operation contributed up to 10 percent of the group's revenue last year.

"Although many industries in China, such as steel and real estate, have seen slower growth, there are still massive business opportunities for firms like Chemours," Li said.

Parent company Chemours started trading on the New York Stock Exchange on July 1 after being spun-off from DuPont, the giant chemical group founded in the US more than 200 years ago.

Specializing in titanium technologies, fluoroproducts and chemical solutions, Chemours aims to become a global player, while the Chinese arm plans to increase its presence here.

Li said the operation in China is in discussions with several State-owned energy companies about joint venture deals without revealing exact details.