Tronox receives FTC decision on Cristal acquisition

Tronox confirmed receipt of an initial decision by the Federal Trade Commission’s (FTC) chief administrative law judge (ALJ) that the proposed acquisition of the TiO2 business of Cristal may substantially lessen competition for the sale of chloride-based TiO2 in North America. Tronox, Cristal and INEOS Enterprises will continue to work with FTC staff to advocate for the proposed remedy transaction of divesting the two-plant Ashtabula TiO2 complex to INEOS.