Tronox Proposes Sale of Ashtabula Pigment Plant to INEOS Enterprises

Tronox Ltd of Stamford, CT has filed a motion with the judge overseeing proceedings with respect to its proposed acquisition of the titanium dioxide business of the National Titanium Co Ltd (Cristal), seeking permission to present a proposed US$700 million remedy transaction. The motion outlines a proposed remedy transaction to the Federal Trade Commission (FTC)....

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Nutrien Sells SQM Shares to Tianqi Lithium

Nutrien Ltd of Calgary, AB has closed the sale of its remaining Sociedad Quimica y Minera de Chile SA (SQM) shares to Tianqi Lithium Corp of China for gross proceeds of approximately US$4.1 billion. This is the final divestiture required by the Competition Commission of India and Ministry of Commerce in China in providing their...

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LafargeHolcim Gets API Approval for Well Cement

LafargeHolcim of Chicago, IL has received American Petroleum Institute (API) certification for the manufacture of well cement at its Theodore, AL plant, making it one of only four cement plants in the U.S. with an API 10A Monogram and Q1 Quality Management System. Production of Class A well cement at Theodore will commence immediately, and...

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Commerce Investigates Magnesium from Israel

The U.S. Department of Commerce has initiated a new anti-dumping and countervailing duty investigations to determine whether magnesium from Israel is being sold in the U.S. at less than fair value and to determine if producers in Israel are receiving unfair subsidies. The investigation was initiated following the filing of a petition by U.S. Magnesium...

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Titanium Dioxide Producers Benefit from Market Conditions

Tronox Ltd of Stamford, CT has reported a net loss of US$44 million on sales revenue of US$442 million in the first quarter of 2018, compared with a net loss of US$56 million on revenue of US$378 million in the first quarter of 2017. The increase in revenue was primarily driven by higher selling prices...

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