Tronox and Cristal are both active in the production of titanium dioxide pigment. They also own titanium feedstock mines, which provide the input material for pigment production, and sell zircon as a by-product of the mining. Titanium dioxide pigment, which is manufactured through either a chloride or a sulphate based production process, is used to whiten and opacify a wide range of consumer products, including paints, plastics and paper. Zircon is used in the production of tiles, ceramics and fire bricks.
Tronox, registered in Australia and headquartered in the US, is active in mining and in the production of minerals and chemicals, including titanium dioxide. It owns mines in Australia and South Africa, and operates production sites in Europe, the US and Australia.
Cristal (The National Titanium Dioxide Company Ltd.) is headquartered in Saudi Arabia and is part of the Tasnee industrial company. Cristal is active in mining and in the production of titanium dioxide and other titanium chemicals. It owns mines in Australia and Brazil, and operates production sites in Europe, the US, China, Brazil and Saudi Arabia.
On the subject matter of the definitive agreement with Tronox Limited to acquire Tasnee’s Titanium Dioxide business, the European Union’s conditional acceptance has been received. Both companies are now working on obtaining the remaining regulatory approval from the US. In addition, the deal will have the option of an automatic extension every three months until 31 March 2019, whilst keeping the main terms and conditions unchanged. ... Additionally, many of Hail downstream projects are already in the production stage, these projects increase the company contribution in maximizing the added value of downstream industry and providing more career opportunities for Saudi talents. They also support the Saudi 2030 vision which aims at increasing the non-oil industries in the gross domestic products.
