- TROX has maintained a four-year trend of 20% gross margins despite the pandemic, owing to their newTRON strategy.
- Global TiO2 market size, TROX's primary revenue driver, is expected to continue growing at an 8.3 percent compound annual growth rate through 2028.
- Demand for TiO2 will increase as the economy continues to recover from the pandemic, benefiting the entire chemical industry.
- Increased revenue by 60% year over year, gross profit by 76% year over year, and posted a positive bottom line compared to the second quarter of last year and improved overall liquidity.
For further details see:
Don't Miss This Pullback: Tronox Positioned For Global Titanium Dioxide Market