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LB Group Co., Ltd (LB Group) today announced the successful completion of its acquisition of the titanium dioxide (TiO2) pigment manufacturing site at Greatham, on Teesside, UK, and associated TiO2 assets from Venator Materials UK Ltd (Venator).
The acquisition comes after LB Group signed an Asset Purchase Agreement with Venator in October 2025. The transaction officially completed on 27 April 2026, marking Day 1 of integration. The newly created company will operate as Tioxide.
The Greatham site manufactures TIOXIDE® and DELTIO® premium chloride-process TiO2 pigments for coatings and plastics. The site has remained idle since last year, but LB Group aims to restart production in 2026. LB Group will work closely with employees, customers, suppliers, and local stakeholders for a smooth transition and the long-term success of the site.
Ms. Ran Xu, Chair of LB Group, commented: “We are pleased to welcome the Tioxide teams to our organization and look forward to building on Greatham’s strong manufacturing foundation. Together, we will continue to deliver high-performance products and reliable service to our customers worldwide.”
Karen Askwith, Managing Director of Tioxide added “Today’s announcement marks an important milestone for the future of the Greatham site and the Innovation Centre at Wynyard. It reflects LB Group’s confidence in our technical expertise, operational strength, and the value we bring to the TiO₂ pigment industry, as well as the capability and commitment of Teesside’s workforce. As Tioxide, we will build on our legacy by bringing our strengths together to drive innovation and consistent high performance.
“We’re excited about joining LB Group and about the opportunity to continue to deliver the premium performance pigments our customers rely on.”
About LB Group
Founded in 1955, LB Group is a leading manufacturer of titanium dioxide (TiO₂) pigments and titanium sponge. Headquartered in Jiaozuo, China, LB Group leverages its vertically integrated operations across China and Australia to supply a global customer base. The company’s high-performance BILLIONS™ TiO₂ pigments are manufactured using both the chloride and the sulfate processes. Listed on the Shenzhen Stock Exchange since 2011, LB Group is committed to driving innovation, sustainability, and excellence across the global chemical industry.
About Tioxide
Tioxide manufactures premium-performance titanium dioxide (TiO2) pigments, marketed under the TIOXIDE® and DELTIO® brands, and designed for use in all major applications. Headquartered in Stockton-on-Tees in the UK, the company has over 50 years of manufacturing heritage supported by advanced research and development capabilities, and a global supply network. Partnering with customers worldwide, Tioxide provides consistently reliable TiO2 pigments, strong technical customer support, and continuous product innovation. Tioxide is a wholly owned subsidiary of LB Group, the world’s leading TiO2 pigment and titanium sponge manufacturer. Please visit www.tioxide.com for more information about Tioxide and the company’s TiO2 pigments.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
