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INEOS Acquiring Cristal’s North American Titanium Dioxide Business from Tronox for $700 Million

Will become the second largest producer of titanium dioxide in North America.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

INEOS Enterprises announced that it has signed an agreement to acquire the North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for $700 million.   Cristal’s North American business includes two-plants located at the Ashtabula, OH 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.   Titanium dioxi...

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