Tronox Inc. (TROX)

[pinkyringcapital]

madclown here is the article. Not sure I like the part where the Germans "seized the asset..."

Germany-based titanium dioxide (TiO2) producer Tronox Pigments GmbH is running its 107,000tpa Uerdingen plant at full capacity in line with increased orders, the group said.
According to Tronox Pigments, volumes rose 80% year on year in Q1 2010, with current orders indicating growth would continue in the following quarters.
“We are significantly ahead of our forecast,” said the company’s administrator Eberhard Stock.
Tronox Pigments, which employs 550 people, reported a revenue of €120m. ($159m.) in 2009, and expects double-digit sales growth this year.
The company was formed when administrators seized the asset from US company Tronox Inc., which went into Chapter 11 bankruptcy last year.
The plant is now up for sale. “We are in the comfortable position of not having to take the first best offer,” Stock said earlier in the month (IM 8 April 2010: German TiO2 plant up for sale).