October 17, 2025 12:55
Venator, the European manufacturer of titanium dioxide and plastic additives, has taken another step in its restructuring process by signing an agreement to sell its Greatham site in England and the related TiO2 assets to Chinese competitor LB Group.
The agreement was recently signed by Venator Materials UK and LB Group of Jiaozuo, China—one of the world’s leading producers of titanium dioxide pigments and titanium sponge. Completion of the transaction is still subject to regulatory approvals and several standard closing conditions.