3 February 2015
ABOUT FMC Corporation
View FMC Presentation : Vision 2015
Tronox mines and processes
titanium ore, zircon and other minerals, and
manufactures titanium dioxide (TiO2)pigments that
add brightness and durability to
paints, plastics, paper, and other everyday products.
The company is the world’s largest fully integrated producer of
titanium ore and TiO2, mining and processing
enough titanium feedstock to meet all of its capacity needs.
Tronox’s electrolytic and specialty chemicals division
provides innovative products to
the energy storage, paper, automotive, and
pharmaceutical industries.
Tronox’s diverse global workforce of 3,600
is committed to safe and sustainable business practices
that bring value to its shareholders, customers, and
business partners.
The company operates in 18 locations around the world
with production facilities in
the United States, Australia, the Netherlands, and South Africa.
Tronox is listed on the New York Stock Exchange
under the ticker symbol TROX.
DETAILS
has signed a definitive agreement
to sell its Alkali Chemicals business to
View Acquisition Presentation by Tronox
The transaction, valued at
is expected to close in the first quarter of 2015,
subject to customary regulatory approvals and closing conditions.
In
it was acquiring multinational agrochemical maker
Cheminova A/S
and would pursue
a divestiture of the Alkali Chemicals business
to reduce debt related to the company's pending acquisition.
The Alkali Chemicals business is
the largest global producer of natural soda ash
with its mining and processing facilities located
in Green River, Wyo.
Alkali Chemicals' products are used in
glass manufacturing, water treatment, pulp and paper,
textiles, food and pharmaceutical and cosmetics.
President, CEO and chairman of FMC.
"We are very pleased to sell our Alkali Chemicals business
to a leading, global mining and minerals company like
"This is a natural fit for Alkali Chemicals, which will thrive
as a new, strategic business at Tronox.
This transaction allows FMC
to maintain a strong balance sheet
as our company focuses on
global agriculture, health and nutrition
with a portfolio that concentrates on high-growth markets."
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