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.
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December 4, 2017As Tronox and Chemrous announce making a new price increasing after 1th,Jan,2018. China titanium dioxide suppliers start to make a new price increasing $100/ton since December,2017.view
April 26, 2019Tronox has completed the acquisition of Cristal's titanium dioxide business in North America by Cristal on May 1, 2019, will be stripped off in Connecticut, and on April 10, 2019 / AP / Tronox Holding...view
December 2, 2021According to Tu Duoduo's statistics, inOctober 2021, China's titanium dioxide output was 323,800 tons, an increase of7.90% month-on-month and a decrease of 0.34% year-on-year. The total outputfrom Jan...view
September 3, 2019China suppliers announces a new titanium dioxide price increasing $50-$80 in the September,2019.This is the second time China tio2 suppliers adjust price in one month.It's estimated that the trends wi...view
June 17, 2019Tronox announces to have price increase of USD 75 per metric ton for titanium dioxide in Asia Pacific due to continued pressure on feedstock pricing since 1th,July.view