ANDRITZ to supply evaporation plant to ITC Paperboards and Specialty Papers Division in India

The Navigator Company and Hamburg-based developer P2X-Europe have decided, subject to the approval of the relevant anti-trust authorities, to create a unique and powerful joint venture, P2XPortugal, to develop a world-class production facility for industrial-scale production of non-fossil jet fuels or e-SAFs (e-Sustainable Aviation Fuels) – carbon-neutral synthetic kerosene, based on green hydrogen and biogenic CO2. This project leverages on Portugal's highly competitive renewable energy sources and on biogenic CO2 generated by Navigator's biorefineries using sustainable forests, which together constitute the two critical elements for the successful production of net-zero synthetic feedstocks for the chemical industry and jet fuels on an industrial scale, fostering the decarbonization of the aviation industry. The JV is tapping into the extensive know-how of P2X-Europe, a global pioneer in PtL (Power-to-Liquids) project development and technology configuration and its parent companies’ H&R Group and Mabanaft market expertise in waxes for the chemical-pharmaceutical industry and in liquid fuels.

Tronox Holdings plc, a leading integrated manufacturer of titanium dioxide pigment, received a decision from the British Competition and Markets Authority indicating that it intends to open a Phase 2 investigation into Tronox’s proposed acquisition of the TiZir Titanium and Iron business from Eramet S.A. (the “Seller”) as announced on May 14, 2020. As a standard part of the process, the Company may offer remedies to the CMA before it reaches a final decision on whether to begin a Phase 2 investigation. The Company will keep the market informed of the progress of the transaction. The transaction did not require notification in the United Kingdom or meet premerger reporting thresholds in the United States; however, the CMA and the Federal Trade Commission each launched investigations into the transaction, and the Company has been cooperative throughout these reviews.

We are pleased to announce the acquisition of Dietzgen Corporation® in Tampa, Florida. Dietzgen Corporation® is a leading provider of converting and distribution services for digital print media including papers, films, and textiles to the US market. Dietzgen reliably provides their partners with nation-wide just in time delivery from an extensive inventory housed in six strategically located facilities. The privately held corporation has an extensive network of dealers selling their well-known media brands which include Dietzgen® – Reprographic, Magic® – Sign and Display, Museo® – Fine Art, and Validation® – Premium Proofing. The acquisition of Dietzgen is an important milestone in the strategic development of the Sihl company, especially in North America. We are excited about this transaction as it fuels our vision to become the leading high-end coated print media supplier in the US. The combination of Dietzgen´s superior converting, logistics and distribution capabilities with the innovative product offering and service level of Sihl will create an exceptional offering for our customers in terms of quality and service. We look forward to discussing with you how this transaction can possibly create advantages for you at your earliest convenience and further strengthen our continued partnership.