www.pcimag.com/articles/86436-hitox-purchases-malaysian-titanium
Hitox Purchases Malaysian Titanium
April 5, 2000
Hitox of America has acquired Malaysian Titanium.
CORPUS CHRISTI, TX — Hitox Corp. of America has acquired Malaysian Titanium Corp. in a cash and stock transaction totaling $5.1 million. Malaysian Titanium is a supplier of raw material for Hitox’s proprietary titanium pigment products, and also sells the products in Asia and Europe under a license agreement.
CORPUS CHRISTI, TX — Hitox Corp. of America has acquired Malaysian Titanium Corp. in a cash and stock transaction totaling $5.1 million. Malaysian Titanium is a supplier of raw material for Hitox’s proprietary titanium pigment products, and also sells the products in Asia and Europe under a license agreement.
Hitox, a supplier of pigments and extenders, said it plans to double Malaysian Titanium’s pigment capacity.