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.
September 20, 2017According to consulting company Grand View Researchlatest research report analyzes, driven by increased specialty coatings andother consumer demand, global titanium dioxide market value will reach USd...view
September 6, 2017THE WOODLANDS, Texas – Huntsman Corporation (NYSE: HUN) today announced global price increases for all its titanium dioxide pigments.The following increases are effective April 1, 2017 or as contract...view
January 10, 2018It is expected that the whiteness of titanium dioxide could be higher during the process of both production and customer using. According to the empirical analysis, when the whiteness of the titanium...view
September 6, 2017A important tio2 factory in China Northwest stop production due to mudslides hit and the factory will have to be shut down at least two months.It's estimated that the titanium dioxide price in China ...view
August 8, 2017Ishihara Sangyo Kaisha, Ltd. and its affiliates have announced a price increase of Tipaque® titanium dioxide (TiO2) by US$250 per metric ton in the Asia-Pacific region effective as from July 1st, ...view
September 6, 2017China Titanium Dioxide prices continue to rise in the near futureAccording to industry analysis, under the background of "reduce the production capacity,", globally the reason of the growth of titaniu...view