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LB Group completes acquisition of Venator’s titanium dioxide site
The Greatham site will operate under the newly established entity, Tioxide, and production is set to restart in 2026.
The transaction, which also includes associated TiO₂ assets, was finalised on 27 April 2026, following an Asset Purchase Agreement signed in October 2025. The newly established subsidiary will operate as Tioxide, a name rooted in the site’s legacy. The Greatham site specialises in producing chloride-process TiO₂ pigments. Although the site had been idle since 2025, LB Group plans to restart production later in 2026, leveraging its expertise to revitalise operations and meet global demand. Although the site had been idle since 2025, LB Group plans to restart production later in 2026, leveraging its expertise to revitalise operations and meet global demand.
Ran Xu, Chair of LB Group, expressed optimism about the acquisition: “We are pleased to welcome the Tioxide teams to our organisation and look forward to building on Greatham’s strong manufacturing foundation.” The acquisition also includes the Innovation Centre at Wynyard, which supports R&D activities for TiO₂ pigment development. The acquisition aligns with LB Group’s strategy to expand its presence in Europe while strengthening its portfolio of TiO₂ pigments. With vertically integrated operations and manufacturing capabilities spanning China, Australia, and now the UK, LB Group is well-positioned to enhance supply chain reliability and deliver pigment solutions globally.