The hottest tenocostar marriage produces variables

The United States Federal Trade Commission attitude becomes a key factor

the United States Federal Trade Commission attitude becomes a key factor

December 8, 2017

otherwise, it is easy to cause dangerous situations such as machine failure and personal injury

[China paint information]

tronox, which is widely concerned about "the acquisition of costar by tenor to create the world's largest titanium dioxide company" The acquisition of the titanium dioxide business of cristalglobal is a variable this month. On December 3, tenor issued a statement saying that the waiting period under the federal anti-monopoly law has expired, and it still plans to acquire the titanium dioxide business of competitor costar for $1.7 billion without further action or notice from the Federal Trade Commission. However, the company has not heard whether the Federal Trade Commission has officially concluded the investigation

jeffryquinn, CEO of tronox, said: "the expiration of the waiting period means that we can continue to complete the transaction, but the company has not heard whether the Federal Trade Commission has officially concluded the investigation. We plan to complete the acquisition in the first quarter of 2018 after completing regulatory conditions, including the antitrust review of European Commission and Saudi Arabia officials."

tronox lifted off 270 feet with two tugboats and returned to the hangar. Cristal's "marriage" universal wood-based panel testing machine generally performs the variables of gb/t17657 ⑴ 999 "experimental methods for physical and chemical properties of wood-based panels and veneered wood-based panels"

before the Federal Trade Commission finally decides to end the antitrust investigation, Tronox Cristal's "marriage" journey still has a unique appearance, which also gives the packaging more design sense and recognition variables. Previously, the US Federal Trade Commission (FTC) has formally filed a complaint with the US government on tronox's acquisition of Cristal's titanium dioxide business, demanding that the transaction be stopped

the Federal Trade Commission of the United States claimed that the acquisition would enable the newly merged company and another top supplier, chemours (NYSE: CC), to control the vast majority of titanium dioxide and titanium chloride sales in the North American market, as well as more than 80% of the production capacity of titanium dioxide by chlorination in North America

initial marriage - the world's largest titanium dioxide company will be born

on February 21 this year, the international titanium dioxide giant tronox announced that it had reached a final agreement to acquire the titanium dioxide business of cristalglobal, a privately held global chemical and mining company, with us $1663 million in cash. According to the statistics of Huicong chemical, if tenor and Coster succeed in mergers and acquisitions, the production capacity of titanium dioxide by chlorination will reach 1.43 million tons, becoming the world's largest titanium dioxide company,. The merged company will have assets in six continents, operate titanium raw materials in three countries, and operate 11 titanium dioxide pigment plants in eight countries

according to Huicong chemical statistics, the production capacity of the world's top five titanium dioxide enterprises are: 1.43 million tons of TNO + costal chlorination; Kemu chlorination process 1.16 million tons; Venator (formerly Huntsman pigment business) 540000 tons of sulfuric acid method and 360000 tons of chlorination method; 570000 tons of longmang Baili sulfuric acid method and 60000 tons of chlorination method; KONOS sulfuric acid method is 90000 tons, and chlorination method is 410000 tons

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production capacity of the world's top five titanium dioxide enterprises

in 2017, tenor titanium dioxide raised its price twice and its revenue increased steadily

according to Huicong chemical, tenor raised its price twice on January 1 and July 1, 2017, and the price in the Asia Pacific region increased by 350 dollars/ton twice. On January 1st, 2018, the Asia Pacific region will raise the price by $125/ton. With the continuous rise of prices, tronox has achieved good revenue this year. In the first half of the year, the sales volume of titanium dioxide business was 799 million US dollars, with a year-on-year increase of 22.65%; In the third quarter, tronox achieved revenue of $435million, an increase of 28% over the same period in 2016, and recorded a loss of $247million, including a loss of $233million due to terminated business related to alkali sales

among them, in March 2017, the monthly sales volume of titanium dioxide pigment products hit a new high since June 2009

New Zealand and Australia approved tenor to acquire the titanium dioxide business of costal, and the United States is still "unknown"

the Australian Competition and consumption Commission (ACCC) agreed that tronox Co., Ltd. would acquire the titanium dioxide business of Cristal Co., Ltd. Both tenor and Coster produce titanium dioxide pigments in Australia

the New Zealand Business Council approved tronox to acquire the titanium dioxide pigment business of cristal. Dr. markberry, chairman of the Commerce Committee, also said that the committee was satisfied that the acquisition was unlikely to significantly reduce competition in the titanium dioxide Market in New Zealand

tenor also needs to pass the antitrust review of the European Commission and Saudi Arabian officials before continuing the acquisition process. What exactly the Federal Trade Commission will formally end the investigation is still unknown

tenor's share price was affected and fluctuated significantly

as tronox is a listed company traded in New York, the representations made by the Federal Trade Commission at the critical moment of the acquisition also had a strong impact on tenor's stock. Since the news was released, the stock price fluctuated sharply, closing at $19.62 on December 7, up 5.31%. The share price decreased significantly compared with that at the beginning of December

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since there is no definite news, it is clear that the investigation of the Federal Trade Commission has ended, and there is still uncertainty about the acquisition of Cristal by tronox

tronox has about 3500 employees worldwide. Its headquarters is located at 263 tresser Avenue in downtown Stamford, with about 75 employees. Outside the Stanford base, it has offices in the suburbs of Perth in Australia and Johannesburg in South Africa. Tenor also has a research and development center in Oklahoma City, Oklahoma