UPDATE Tronox reorganisation

By Jessica Roberts
Published: Wednesday, 23 December 2009

Huntsman awarded $12.5m. break-up fee after Tronox cancels TiO2 assets auction

US titanium dioxide producer Huntsman Corp. has been awarded a $12.5m. break-up fee by the US Bankruptcy Court after troubled TiO2 producer Tronox Inc. on Sunday cancelled an auction of its assets – leaving Huntsman’s $415m. bid for the company out in the cold (IM 21 December 2009: Reorganisation...

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