JP Morgan Global High Yield & Leveraged Finance Conference
1
TiO₂ Global Industry Landscape
TRONOX
Chemours™
Global HQ
LTM Revenue
LTM Adj. EBITDA
Adj. EBITDA margin %
TiO₂ Capacity (KT)
By technology
Chloride
Sulfate
$3.6 billion
$9472 million
Total Sales by Product³
26.5%²
1,078
138
9
4
US, Brazil, UK, Netherlands,
Global TiO2
Manufacturing Locations France, KSA, China, Australia
Integrated Feedstock
✓✓✓
Feedstock and
Other Products
Zircon 8%
13%
TiO₂
79%
$3.4 billion
$809 million
US, Mexico, Taiwan
Adv. Perf.
Materials
22%
Tronox Holdings plc | © 2022
24.1%
1,250
Chemical Solutions
Thermal &
Specialized
Solutions
20%
5%
1
Titanium
Tech
53%
龙佰集团
LB GROUP
$2.7 billion
$911 million
Mineral
20%
33.3%
1,010
6
5
354
China
Zirconium
2%
Others
3%
TiO₂
75%
KRONOS
$1.9 billion
$192 million
9.5%
560
120
440
Germany, Belgium, Norway,
Canada, US
TiO₂
100%
VENATOR¹
$1.7 billion
$165 million
9.9%
Performance
Additives
25%
602
3
225
UK, Germany, Spain, Italy, US,
Malaysia
X
TiO₂
75%
Source: Public filings, CapIQ. Note: Includes public TiO2 players only; Assumes FX rate of 1.00/0.14 CNY/USD; ¹ Chemours Titanium Technologies Segment, Venator Titanium Dioxide segment; 2 Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP
measures. See the Appendix for a reconciliation to the nearest GAAP measure; 3 Shown on an LTM basis
TRONOX
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