£9M ????23 Oct 2025 08:58
Venator Materials plc announced that its UK subsidiary, Venator Materials UK Limited, has entered administration due to sustained financial pressures and adverse global market conditions in the TiO₂ sector. On 16 October 2025, the company signed an Asset Purchase Agreement to sell its Greatham site and associated TiO₂ pigment assets to China-based LB Group, which intends to restart operations at the currently idled plant. Joint administrators from Alvarez & Marsal have been appointed to oversee the process.
www.venatorcorp.com