If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.


Inorganic Chemicals

Tronox may sell titanium dioxide plant to Ineos

by Alexander H. Tullo
December 14, 2018 | A version of this story appeared in Volume 96, Issue 49


In an effort to save its deal to buy Cristal, Tronox may sell a titanium dioxide complex in Ashtabula, Ohio, to Ineos for $700 million. The US Federal Trade Commission is trying to block the purchase of Cristal by Tronox—the second- and sixth-largest makers of the white pigment in the world, behind number one Chemours—on the grounds that the combined firm would have too commanding a market share in high-value chloride-process TiO2. The merger was originally announced in February 2017. The Ashtabula plant, still owned by Cristal, has 245,000 metric tons per year of chloride-process TiO2 capacity. This summer, Tronox signed an agreement to sell the plant to rival Venator in a deal potentially worth $1.1 billion. However, that transaction fell through when the 75-day exclusivity period between the firms expired in October before they could come to terms. In a new setback for Tronox, an administrative judge presiding over the case ruled that the merger might substantially lessen competition. Now it’s up to Tronox to convince the FTC that the sale to Ineos will be enough to preserve it.


This article has been sent to the following recipient:

Chemistry matters. Join us to get the news you need.