Tronox, a global leading integrated manufacturer of titanium dioxide (TiO₂) pigments, recently announced that after a strategic review of its asset footprint, Tronox has informed its Dutch employees that the company plans to close its 90,000-ton annual capacity titanium dioxide (TiO₂) plant in Botlek, Netherlands. The plant is currently shut down due to a failure by the chlorine supplier on March 6, 2025, and after consultations with the works council, it is expected not to resume production. Tronox expects this move will not impact its ability to supply products to customers, as the company will leverage its diversified production footprint to ensure uninterrupted supply. Approximately 240 permanent employees at the plant are affected.

Chief Executive Officer John D. Roman commented: "Our announcement today is based on a comprehensive review of our portfolio. Over the past two and a half years, competition from Chinese companies has led to a sustained global supply imbalance, making the operating environment increasingly challenging. Closing the Botlek plant will allow us to optimize operations at our remaining facilities and reduce overall manufacturing costs. Our colleagues in Botlek are an important part of the Tronox team. We are committed to assisting our employees through this difficult time, and local management will provide support and a range of comprehensive services."

Tenneco is expected to incur approximately $130 million to $160 million in restructuring and other related costs over the next 18 months, including non-cash impairments of $55 million to $65 million associated with plant closures. Cost savings are projected to exceed $30 million annually starting from 2026. The cost savings from the closure of the Botlek plant are in addition to the sustainable, normalized cost improvements of $125 million to $175 million that the company aims to achieve by the end of 2026. Due to these planned initiatives, free cash flow for the full year 2025 is expected to exceed $50 million.