Indorama acquires Venator’s Spain business unit

Thailand-based chemicals group, Indorama Corporation, said it has completed the acquisition of Venator P&A Spain, S.L.’s titanium dioxide (TiO₂) manufacturing site in Huelva, through its indirect subsidiary Indorama Advanced Oxides (Spain) S.L.U. The deal marks Indorama’s entry into the titanium dioxide industry.

The Huelva facility is a major producer of titanium dioxide with a production capacity of 80,000 tonnes per annum. TiO₂ is the world’s most widely used white pigment and is used in applications such as paints, coatings, plastics, paper, and packaging materials.

Commenting on the acquisition, Mr. Amit Lohia, Vice Chairman of Indorama Corporation, said, “This acquisition aligns with our strategy to build a diversified, high-quality portfolio of essential and advanced materials.”