US government shutdown stalls Tronox-Cristal tie-up
Published: Thursday, 31 January 2019
The continuing budget standoff in US politics between the president and the legislature has put TiO2 producer Tronox' takeover of Cristal on hold because no government staff are able to work on the process.
The partial government shutdown in the United States has put
another roadblock in the way of Tronox’s planned
takeover of rival titanium dioxide producer Cristal.
Tronox’s plan to become the world’s
largest TiO2 producer, by acquiring Cristal from Saudi Arabian
national investment vehicle Tasnee, was first announced in