Tronox Limited Sold Its Alkali Chemicals to Genesis Energy Limited
CHEMMONITOR.COM – The USA-based chemical company Tronox Limited, active in the manufacturing of titanium products, sold its Alkali Chemicals business to Genesis Energy Limited, a New Zealand company, for USD 1.325 billion. The price includes USD 106 million of non-cash net working capital. Alkali Chemicals produces natural soda ash and runs mining and processing facilities, located in Green River (Wyoming, the USA).
Alkali Chemicals’ products are widely applied in the manufacturing of glass, baked goods, animal nutrition supplements, pharmaceuticals, to name a few.