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RSS FeedsINEOS set to acquire Cristals North American Titanium Dioxide Business from Tronox for $700 million.
(WorldNews Switzerland)

 
 

19 march 2019 13:28:47

 
INEOS set to acquire Cristals North American Titanium Dioxide Business from Tronox for $700 million.
(WorldNews Switzerland)
 


Jim Ratcliffe, INEOS Chairman said, `This is a great opportunity for INEOS to enter the pigments market and become the second largest producer of titanium dioxide in the key North American market.` 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 the proposed remedy package submitted to the US Federal Trade Commission (FTC) by Tronox ahead of its proposed acquisition of Cristal`s global titanium dioxide business. The...


 
3 viewsCategory: General > Europe > Switzerland
 
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