Welcome to our dedicated page for Tronox Holdings Plc news (Ticker: TROX), a resource for investors and traders seeking the latest updates and insights on Tronox Holdings Plc stock.
Tronox Holdings Plc (NYSE: TROX) provides investors and industry professionals with comprehensive updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the vertically integrated titanium dioxide producer.
Access timely updates on production milestones, sustainability initiatives, and market positioning for this global leader in TiO2 pigment manufacturing. Our curated feed includes earnings announcements, operational updates, and insights into mineral processing advancements central to Tronox's integrated business model.
Key content categories include quarterly financial results, partnership announcements, capacity expansion updates, and regulatory filings. Stay informed about developments across Tronox's mining operations in Australia/South Africa and manufacturing facilities spanning three continents.
Bookmark this page for streamlined access to verified information about Tronox's titanium chemical innovations and supply chain management strategies. Check regularly for updates impacting the paints, plastics, and specialty chemicals sectors.
Tronox Holdings plc (NYSE: TROX), the world's leading integrated manufacturer of titanium dioxide pigment, has announced a quarterly dividend of $0.125 per share. The dividend will be payable on September 27, 2024 to shareholders of record at the close of business on August 26, 2024. Tronox is a global leader in producing high-quality titanium products, including titanium dioxide pigment, specialty-grade titanium dioxide products, and high-purity titanium chemicals. The company operates across six continents with approximately 6,500 employees, leveraging its vertical integration model and expertise across the titanium value chain.
Tronox Holdings plc (NYSE:TROX) reported its Q2 2024 financial results:
- Revenue of $820 million, up 3% year-over-year
- Net income of $10 million
- Adjusted EBITDA of $161 million
- Free cash flow of $84 million
Key highlights:
- TiO2 volumes up 16% YoY, but prices down 8%
- Zircon volumes up 4% YoY, but prices down 15%
- Q3 outlook: TiO2 volumes expected to decline 2-4% QoQ, Adjusted EBITDA forecast at $145-165 million
- Average pigment plant utilization improved to ~80% in July
CEO noted continued recovery in TiO2 and zircon demand, but expects less robust macro backdrop in H2 2024.
Tronox Holdings plc (NYSE:TROX), the world's leading integrated manufacturer of titanium dioxide pigment, has released its 2023 sustainability report. The report highlights significant achievements in the company's sustainability goals, including:
- Reinforcing carbon emission reduction targets: 50% reduction in Scope 1 and 2 emissions intensity by 2030, carbon neutrality by 2050, and 16% reduction in Scope 3 emissions by 2030.
- Commissioning a 200MW solar project in South Africa, providing 40% of the company's energy needs in the region.
- Progressing a second major renewable project in South Africa, expected to reduce global Scope 1 and 2 emissions by 12% when fully implemented in 2027.
- Implementing automated process controls to reduce coke consumption and Scope 1 emissions.
- Engaging suppliers to reduce Scope 3 emissions and progressing towards eliminating waste to external landfills by 2050.
Tronox also committed to aligning with the Taskforce on Nature-Related Financial Disclosures and Science-Based Targets for nature in the next two years.
Tronox Holdings (NYSE: TROX) will release its Q2 2024 earnings on August 1, 2024, after market close. The company will hold a webcast conference call on August 2, 2024, at 10:00 AM ET to discuss the results. The webcast and call will be accessible to the public via internet broadcast and telephone. Presentation slides will be available on their investor relations website. A replay of the call will be available from August 2, 2024, at 12:00 PM ET until August 7, 2024. Tronox is a leading global producer of titanium products, including titanium dioxide pigment and high-purity titanium chemicals.
For more information, visit tronox.com or contact Jennifer Guenther at +1.646.960.6598.
Tronox Holdings (NYSE:TROX) announced a long-term agreement with NOA Group for ~497GWh of renewable wind and solar energy in South Africa, expected to be fully operational by 2027. This project will reduce Tronox's global Scope 1 & 2 greenhouse gas emissions by 12% and supply 70% of its South African electricity needs via renewable energy. Previously, in 2022, Tronox signed a 200MW solar power agreement with SOLA Group, now operational. These efforts aim to achieve net zero emissions by 2050. The partnership also promises economic and employment benefits for the local community.
Tronox announced the appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors, effective May 8, 2024. She brings extensive executive leadership experience in the chemicals industry and sustainability focus to the board. Tronox aims to recruit executives like Lucrèce to enhance its position as a global leader in sustainable mining solutions.
Tronox Holdings plc, a top titanium dioxide pigment manufacturer, declared a $0.125 quarterly dividend, payable on June 21, 2024, to shareholders on record as of May 20, 2024. Tronox is a global leader in titanium products, with diverse operations and a strong workforce.
Tronox Holdings plc (NYSE:TROX) reported strong financial results for Q1 2024 with revenue of $774 million, a 13% increase from the prior quarter, and an adjusted net loss of $7 million. The company exceeded Adjusted EBITDA guidance and expects TiO2 volumes to increase in Q2. Tronox's CEO highlighted lower production costs, increased demand, and improved operational efficiency as key drivers. The company aims for a step change in earnings power and sustainability efforts.
