Kerr-McGee Completes Acquisition of Kemira TiO2 Plant
OKLAHOMA CITY — Kerr-McGee Corp. has completed the acquisition of Kemira Oyj’s titanium dioxide pigment operations in Botlek, the Netherlands. Combined with the acquisition of Kemira’s TiO2-production plant in Savannah, GA, the Netherlands operation makes Kerr-McGee the world’s third-largest producer and marketer of TiO2 pigment, with an overall market share of about 600,000 metric tons per year, or 16% of the world market. Kerr-McGee Chairman and CEO Luke R. Corbett said the Netherlands facility “provides us with a chloride production platform in the European market and increases our ability to effectively and efficiently serve our worldwide customers.”
Kerr-McGee also operates TiO2 plants in Germany, and Belgium, and now owns two U.S. pigment plants, in Hamilton, MS, and Savannah, GA. The company also holds a 50% stake in Tiwest, an integrated pigment operation in Western Australia.