Tronox completed the acquisition of Koster on April 10, 2019.

The transformative combination has created the world’s largest vertically integrated titanium dioxide manufacturer.。

On April 10, 2019, /PRNewswire/ Tronox Holdings plc (NYSE: TROX), a global mining and inorganic chemicals company, announced the completion of its acquisition of the titanium dioxide (TiO₂) business of National Titanium Dioxide Company (Koster). The U.S. Federal Trade Commission issued an order and decision today allowing the transaction to proceed with the divestiture of Koster's North American titanium dioxide business. This asset divestiture transaction is scheduled to be completed by May 1, 2019. Previously announced divestiture of the 8120 paper laminate product line to Venator Materials PLC (NYSE: VNTR), which was approved by the European Commission in August 2018, is expected to be completed soon.

The new Tronox logo after the merger

Tronox Chairman and CEO Jeffry N. Quinn said: “I am very pleased that this transformative acquisition is finally complete, and I greatly admire the performance of both organizations throughout the process. I also want to thank the Federal Trade Commission and its staff for their professionalism and cooperation in working with Tronox and Koster to reach this decision. We look forward to creating value for our shareholders, serving the needs of our global customers, and creating new job opportunities for our employees.”

  About TRONOX

The original Tronox logo before the merger

  特诺控股是一家垂直综合的矿业和无机化工企业。该公司开采和加工钛矿石、锆石和其他矿物，并生产二氧化钛(即钛白粉)颜料，为油漆、塑料、纸张和其他日常产品增加亮度和耐久性。

  About Cristal

Original Cristal logo before the merger

Cristal (also known as National Titanium Dioxide Company) operates eight factories across seven countries on five continents, employing approximately 4,100 people worldwide. Tasnee (a publicly listed Saudi company) holds 79% of Cristal's shares, while 20% are owned by the Gulf Investment Corporation (GIC). GIC is a company jointly owned by the six member countries of the Gulf Cooperation Council (GCC) and is headquartered in Kuwait. The remaining 1% of shares is held by Dr. Talal A. Al-Shair, who serves as Vice Chairman of Tasnee and Chairman of Cristal.