27 October 2014
VIEW TITANIUM DIOXIDE RUTILE FOR PAINTS, COATINGS
VIEW TITANIUM DIOXIDE RUTILE FOR INKS, MASTERBATCH
VIEW TITANIUM DIOXIDE RUTILE FOR PAINTS, RIGID PLASTICS
VIEW TITANIUM DIOXIDE ANATASE FOR PAINTS, RUBBER
VIEW TITANIUM DIOXIDE ANATASE FOR PLASTICS, INK
VIEW TITANIUM DIOXIDE ANATAS FOR PAPER
DETAILS
The National Titanium Dioxide Company, Ltd. (“Cristal”)
today announced that they have entered into an agreement
to acquire the titanium dioxide assets of
Jiangxi Tikon Titanium Company, Ltd.
Tikon manufacturing facility
is located in the city of Fuzhou in Jiangxi Province,
The People’s Republic of China.
The transaction, which is expected to close no later than
the end of Q1 2015, will consist of
a combination of an asset and equity deal structure.
The acquisition of the Jiangxi Tikon titanium dioxide assets
is part of Cristal’s strategy to
expand its global geographical presence
in all regions of the world and
to increase its presence in
the largest TiO2 demand market in the world.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
