In this article we take a look at the 10 best chemical stocks to buy for 2021. The chemical industry fuels economic growth worldwide, be it manufacturing, construction, consumer products, packaging and electronics. Chemical stocks experienced a tough time in 2020 in the midst of the pandemic, but they are ripe for growth in 2021. […]

Tronox Holdings plc (NYSE:TROX) (“Tronox” or the “Company”), a leading integrated manufacturer of titanium dioxide pigment, today received a decision from the British Competition and Markets Authority (“CMA”) indicating that it intends to open a Phase 2 investigation into Tronox’s proposed acquisition of the TiZir Titanium and Iron (“TTI”) 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.

(Bloomberg) — Tronox Holdings Plc said Chairman and Chief Executive Officer Jeffry N. Quinn will take a leave of absence after he found out he was referenced as an unnamed individual in a Securities and Exchange Commission civil and related criminal complaint.The investigations relate to alleged insider trading in the shares of Ferro Corp. in February and March of 2016, when Quinn was a director of the company, according to a statement by Tronox. Quinn left that role in August that year, and was appointed president and CEO of Tronox in December 2017, later becoming chairman in March 2019.Quinn became aware of the government investigations leading to the filings on Dec. 24, his lawyers said.“Mr. Quinn has at all times fully complied with applicable securities laws and looks forward to a public airing of all relevant facts as soon as practicable,” James D. Wareham and Evan T. Barr, serving as counsel to Quinn, said in a separate statement.Tronox said John D. Romano, who’s the chief commercial and strategy officer, and Jean-François Turgeon, chief operating officer, will be co-CEOs on an interim basis, while retaining their respective responsibilities.Ilan Kaufthal, the lead independent director, will be interim chairman. He said that the appointments of the co-CEOs are in the best interest of the company and investors as it monitors the developments following the complaints. “The board’s focus on maintaining a robust governance and succession planning process enabled our swift response,” he added.Shares of the maker of chemical products gained 27% this year, compared with the 15% increase in the S&P 500 Index.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Tronox Holdings plc (NYSE:TROX) (“Tronox” or the “Company”), the world’s leading integrated manufacturer of titanium dioxide pigment, today announced that its Board of Directors (the “Board”) appointed John D. Romano, Executive Vice President, Chief Commercial and Strategy Officer, and Jean-François Turgeon, Executive Vice President and Chief Operating Officer, as co-Chief Executive Officers on an interim basis, effective immediately. In addition, Ilan Kaufthal, Lead Independent Director, has been elected Chairman of the Board on an interim basis, effective immediately.

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […]