|
News
Font Size: 
October 18, 2007 |
Titanium dioxide producer Tronox Inc., has decided to retain
its sulfate-process plant in Uerdingen, Germany. The company’s
decision reflects the belief that business and financial
market assessments did not accurately reflect the long-term
value of the facility. “With the strong European economic
conditions, our recent investments in the facility and our
strategic plans for the future, we believe the Uerdingen
asset will provide better long-term value for our shareholders
as part of our portfolio,” said Tom Adams, Tronox chairman
and chief executive officer in a release. The Uerdingen plant
has a capacity of 107,000 tonnes and produces sulfate-process
pigment preferred by many specialty markets, which the company
plans to pursue more actively.
www.tronox.com
News Archives
|
leftnav.html
