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Huntsman acquires rival TiO2 maker Tronox

September 03/2009
September, 03 (plasteurope.com) -- Huntsman, world’s fourth largest titanium dioxide producer, will move up to second place after acquiring substantial parts of insolvent number three producer, Tronox (Oklahoma City, Oklahoma/USA) for around USD 415m.

The deal comprises production at Botlek / The Netherlands and all US activities apart from Savannah, Georgia. It includes the 50% stake in the Tiwest joint venture undergoing expansion at Kwinana / Australia, but not the plant at Krefeld-Uerdingen / Germany, which has been on the market for some time.
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