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SK Capital buys more of Venator

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.

TiO2 makers head for court over unpaid fee

Venator Materials has started a lawsuit against Tronox, claiming that Tronox has refused to honour a contract to pay a $75 million ‘break fee’ for the termination of the proposed sale of Cristal’s North American titanium dioxide (TiO2) business.
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