Tronox Limited announced a definitive agreement to acquire the TiO2 business of Cristal, a privately held global chemical and mining company, for $1.673 billion of cash and Class A ordinary shares representing 24 percent ownership in pro forma Tronox. Concurrently with this announcement, the company announced its intent to begin a process to sell its Alkali business. The cash portion of the purchase consideration is expected to be funded through proceeds from the sale of assets, including the sale of Alkali and selected other non-core assets if appropriate, and cash on hand.
The combination of the TiO2 businesses of Tronox and Cristal creates the world's largest and most highly integrated TiO2 pigment producer with assets and operations on six continents. The combined company will operate 11 TiO2 pigment plants in eight countries with a total capacity of 1.3 million metric tons per annum and will have titanium feedstock operations in three countries with a total capacity of 1.5 million metric tons per annum.
October 14, 2020Since October 08,2020, China's titanium dioxide has started a new round of price increases, andmost suppliers have increased the price at US$150/ton. Moreover, Ilmeniteprice are also in rising, the cu...view
September 6, 2017Globally Cristal, Huntsman, Chemour and Tronox increase titanium dioxide price with more than US$250/mt since July 1st and their supply is limited. In China market today, the chloride process titanium...view
February 18, 2020China tio2 suppliers have to make a new price increasing $100/ton for tio2 since 10th,February,2020 during NCP period due to raw materials titanium concentrate going up crazily and its shortage in th...view
March 11, 2021China's titanium dioxide has started a new round of price increasing$150-$200/ton since March 10th,2021.Moreover, Ilmenite price are also in rising, the current supply in theChinese market is still ve...view
September 6, 20172.4 Macro economy In 2012, the second year of the 12th Five-Year Plan (2011-2015) period, GDP dropped in the first three quarters to 8.1%, 7.6% and 7.4% respectively. From the year 2011 to Q3 2013, Ch...view
August 12, 2020After price increasing $80/ton in July,China suppliers announces a new titanium dioxide price increasing $80 again in the August,2020. Due to raw materials going up ,it's estimated that the market tre...view