Tronox Holdings plc (TROX) is a leading global producer and marketer of titanium products, including titanium dioxide (TiO2) pigment, which is a critical ingredient in various applications such as paints, coatings, plastics, and paper. The company is also involved in the production of titanium feedstock and zircon. Tronox was established in 2005 as a spin-off from the Kerr-McGee Corporation and is currently headquartered in Stamford, Connecticut, USA.
Tronox’s operations are divided into two main business segments:
- Titanium Dioxide (TiO2) Pigment: Tronox is one of the largest producers of TiO2 pigment globally. TiO2 is a white, opaque, and chemically inert powder that provides exceptional brightness, opacity, and ultraviolet (UV) protection in various applications. It is widely used in industries such as paints, coatings, plastics, paper, and printing inks.
- Mineral Sands: This segment involves the mining, production, and marketing of titanium feedstock, which includes ilmenite and rutile, as well as zircon. Titanium feedstock is the primary raw material used in the production of TiO2 pigment. Zircon is a non-toxic, chemically inert material used in applications like ceramics, refractories, and foundry casting.
Tronox operates a vertically integrated business model, with facilities for mining mineral sands, producing titanium feedstock, and manufacturing TiO2 pigment. The company has a global presence, with production facilities, mines, and offices in various countries, including the United States, Australia, South Africa, and the Netherlands.