Tronox Inc. (TROX): Pinky, yes, Tronox walked away from the...

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titaniuminvestor

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titaniuminvestor

Re: pinkyringcapital post# 3440

Monday, 06/07/2010 6:25:33 AM

Monday, June 07, 2010 6:25:33 AM

Pinky, yes, Tronox walked away from the German assets and they are no longer associated with any of the financial results for Tronox.

The only good news is that the fact that the German plant is even running is an indication of how strong the TiO2 markets are today.

The Uerdingen site was close to insolvancy itself before we saw the sharp rebound in demand and sales prices for TiO2.

It is a high cost based asset which we would prefer not to see in the Tronox asset portfolio after BBK.

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