WebApr 10, 2024 · Tronox Limited and Cristal, two of the largest suppliers of the white pigment chloride process titanium dioxide, have agreed to settle Federal Trade Commission … WebApr 10, 2024 · Tronox Limited and Cristal, two of the largest suppliers of the white pigment chloride process titanium dioxide, have agreed to settle Federal Trade Commission charges by divesting Cristal’s North American titanium dioxide assets, thereby preserving competition in the market for this important and widely used compound.

Tronox buy Cristal’s TiO2 business in $1.673 billion deal

WebCristal USA’s management, including strategy, sales and marketing, is fully integrated into the management and operation of Cristal. IV. THE ACQUISITION . 13. Pursuant to a February 21, 2024 agreement, Tronox seeks to acquire Cristal’s TiO2 business for $1.67 billion in cash and a 24% stake in the combined entity. V. BACKGROUND WebC. “Cristal” means National Titanium Dioxide Company Limited, its directors, officers, employees, agents, representatives, successors, and assigns; and the joint ventures, ... H. “Acquisition” means the proposed acquisition by Respondent Tronox of Respondent Cristal’s titanium dioxide business pursuant to the terms set forth in the ... fielders south australia

Tronox-acquire-TiO2-rival-Cristal - Chemical & Engineering News

WebFeb 21, 2024 · With the purchase of Cristal, Tronox will become the world’s largest maker of TiO 2 . In a deal that will establish the world’s largest producer of titanium dioxide, Tronox is purchasing Cristal for $1.7 billion in cash, plus stock. Tronox says it’s putting its soda ash business on the selling block to help pay for the transaction. WebMar 19, 2024 · INEOS Enterprises has today announced that it has signed an agreement to acquire The North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited (NYSE:TROX) for $700 million. Cristal’s North American business includes two-plants located at the Ashtabula Ohio (US) complex. The deal forms … WebUS chemicals firm Tronox has agreed to buy the titanium dioxide subsidiary Cristal from Saudi firm Tasnee for $1.67 billion (£1.34 billion) and a 24% stake in the new entity. The deal will make Tronox the largest titanium pigment producer in the world, overtaking DuPont spin-off Chemours, with 11 titanium dioxide plants in eight countries and a total capacity of 1.3 … greymane wall classic wow