TiO₂ producer Tronox is facing a Phase 2 investigation from the UK’s Competition and Markets Authority (CMA) into its proposed acquisition of the TiZir titanium and iron business from French mining and metallurgy group Eramet. The company said that it may offer unspecified ‘remedies’ before this goes ahead.

New York-based SK Capital Partners has acquired most of Huntsman’s stake in TiO₂ pigments and performance additives producer Venator Materials, which Huntsman span off in 2017. In all, it has bought a 40% stake or 42.5 million shares for about $100 million, including a 30-month option to buy the remaining 9.5 million at $2.15/share.