17 October 2008 05:51 [Source: ICIS news]
SINGAPORE (ICIS news)--Cristal US, a wholly-owned subsidiary of Cristal Global, has completed the $110m (€80m) takeover of International Titanium Powder (ITP), Cristal Global said in a statement released late Thursday.?xml:namespace>
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"Cristal Global will leverage its position from titanium feedstock through to titanium metal, titanium dioxide and various other intermediates and specialty titanium-based products,” said Robert Daniels, vice president at US Cristal who would lead ITP's business.
ITP is currently building a 4m lb/year (1,814 tonne/year) titanium powder plant in
Cristal had recently acquired nearly 93% of
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