Venator Materials to Move TiO₂ Business from Duisburg to Uerdingen, Germany

Venator Germany

Venator Materials announced that, following its emergence from Chapter 11, the newly appointed board of directors, together with management, have completed a strategic review and intend to implement a transformation plan to position Venator for long-term success. This plan has the support of its new shareholders.2024 Transformation Plan Highlights

  • Rationalize 130kt titanium dioxide (TiO2) capacity in Europe, starting with the shut down of TiO2 production in Duisburg, Germany
  • Transfer the specialty TiO2 business from Duisburg to Uerdingen, Germany
  • Strengthen our remaining TiO2 footprint through innovation and investment
  • Recover margins through pricing and cost management
  • Pursue opportunities to monetize specific additives businesses.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *