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.
July 26, 2022From January to June 2022, China's titaniumdioxide output was 2.0691 million tons, an increase of 8% over the same periodlast year, and the output increased by about 157,500 tons. In the first half of...view
November 13, 2020China suppliers announces a new titaniumdioxide price increasing in the November,2020 without announcement due to Ilmenite price going up quickly. Besides, seafreight also increases up crazily because...view
September 28, 2017Ishihara Sangyo Kaisha, Ltd. and its affiliates have announced a priceincrease of Tipaque® titanium dioxide (TiO2) by US$200 per metric ton inthe Asia-Pacific region effective as from October 1st,...view
September 6, 2017There are plans to produce about 40,000 tonnes of offset and writing paperA new modern production of paper will soon be established in Uzbekistan, on the basis of local Namangan kogozi plant. The new ...view
September 14, 2021China suppliers announces a new titaniumdioxide price increasing $100-$150/ton since 13th,August,2021China tio2 price adjustment was made according to factors such as the market demand for titanium di...view