Tronox Agrees Sale of Alkali Assets

09:53 EDT 7 Aug 2017 | CHEManager

US titanium dioxide (TiO2) producer Tronox has signed a definitive agreement to sell its Alkali Chemicals business to midstream services provider Genesis Energy LP for $1.33 billion in cash. Tronox will use the proceeds to fund the major portion of its purchase of Saudi Arabian TiO2 producer, Cristal, which is expected to close by the first quarter of 2018.

Original Article: Tronox Agrees Sale of Alkali Assets


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