Indorama Corporation Enters Titanium Dioxide Market with Strategic Spanish Acquisition

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"The Huelva plant brings deep technical expertise, proven manufacturing capabilities, and strong customer relationships. We are excited to build on this platform through targeted investments in technology, product development, and close collaboration with our titanium dioxide customers.” - Amit Lohia, Vice Chairman - Indorama Corporation

March 2026 : In a move that signals a bold expansion into the advanced materials sector, Indorama Corporation has officially completed its acquisition of Venator P&A Spain, S.L.’s titanium dioxide (TiO₂) manufacturing business. The deal, executed through Indorama’s indirect subsidiary, Indorama Advanced Oxides (Spain) S.L.U., marks the global giant's first foray into the TiO₂ industry.

The acquired facility, located in Huelva, is a powerhouse in the European chemical landscape. With a production capacity of 80,000 tonnes per annum, the site is a critical supplier of titanium dioxide - the world’s premier white pigment. TiO₂ is an essential component in modern manufacturing, providing opacity and brightness to everything from high-performance coatings and plastics to essential packaging materials and paper.

Commenting on the acquisition, Mr. Amit Lohia, Vice Chairman of Indorama Corporation, said: “This acquisition aligns with our strategy to build a diversified, high-quality portfolio of essential and advanced materials. The Huelva plant brings deep technical expertise, proven manufacturing capabilities, and strong customer relationships. We are excited to build on this platform through targeted investments in technology, product development, and close collaboration with our titanium dioxide customers.”

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