INEOS to acquire Cristal's North American titanium dioxide business from Tronox for $700M

INEOS Enterprises signed an agreement to acquire the North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for $700 million. The deal includes two plants in Ashtabula, Ohio, and is part of a remedy package for Tronox's acquisition of Cristal's global business.

“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.com

• 2 sources
• ineos.comCristals North American Titanium Dioxide Business acquisition from TronoxMar 19, 2019
• mining.comINEOS buys US titanium dioxide business from Tronox for $700m - MINING.COMMINING.COM Staff WriterMar 19, 2019

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