Tronox Inc. (TROX): No, Cristal Global is now privately owne...

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titaniuminvestor

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titaniuminvestor

Re: pinkyringcapital post# 2952

Monday, 05/03/2010 8:51:53 PM

Monday, May 03, 2010 8:51:53 PM

No, Cristal Global is now privately owned by Saudi and Middle East investors. Cristal Arabia purchased Millennium from Lyondell in May, 2007, and then renamed the company Cristal Global. At that time, Cristal Arabia was the 9th largest producer in the world purchasing Millennium, the No. 2 player in the world.

Tronox remains that best leverage play on the surging TiO2 markets today. I am just perplexed why Tronox shares have not yet bolted out of the barn, especially with titanium dioxide prices now surging to levels not seen in over 20 years!

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