Unit of Saudi Tasnee sells titanium dioxide business in USD1.67bn sale
12.04.2019
MOSCOW (MRC) -- Cristal, the majority-owned subsidiary of Saudi-based Tadawul-listed National Industrialisation Company (Tasnee), has sold its North American titanium dioxide (TiO2) assets to US chemicals giant Tronox for USD1.67bn (SAR6.26bn), said Constructionweekonline.According to a Saudi bourse missive, the transaction closed on 10, April 2019 following the green light from the US Fe