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Tronox-Cristal decision 'good news' for North American chloride-process TiO2 customers, FTC official says

( September 5, 2018, 15:39 GMT | Official Statement) -- MLex Summary: US Federal Trade Commission Bureau of Competition Director Bruce Hoffman said in a statement that a federal court decision granting the agency's request for a preliminary injunction to stop the planned Tronox and Cristal deal is "good news for North American customers of chloride process titanium dioxide" and the agency believes the deal "would significantly reduce competition" for US customers. He also said post-trial briefing in the administrative proceeding will conclude soon.Statement follows below:...

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