FMC to sell its soda ash business to Tronox for $1.64bn

By Adam Page
Published: Wednesday, 04 February 2015

Alkali Chemicals, the world’s largest natural soda ash producing business, has been sold by FMC to Tronox. Tronox is hoping to become a leader in the inorganic chemicals market while FMC is using the sale to pay for its investments in agricultural supplies.

US-based diversified chemical producer   Tronox Ltd has bought   FMC Corp.’s soda ash business for more than $1.64bn.

FMC say that the transaction is expected to close in Q1 2015, subject to regulatory approvals and closing conditions.

Tronox, a world leader in titanium dioxide  (TiO₂) production,...

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