Concurrently with this announcement, the company announced its intent to begin a process to sell its Alkali business. The cash portion of the purchase consideration is expected to be funded through proceeds from the sale of assets, including the sale of Alkali and selected other non-core assets if appropriate, and cash on hand.
Creating the world's largest TiO2 producer
The combination of the TiO2 businesses of Tronox and Cristal creates the world's largest and most highly integrated TiO2 pigment producer with assets and operations on six continents. The combined company will operate 11 TiO2 pigment plants in eight countries with a total capacity of million metric tons per annum and will have titanium feedstock operations in three countries with a total capacity of million metric tons per annum.
Synergistic combination of the businesses
&#;We are pleased to announce the highly synergistic combination of the TiO2 businesses of Tronox and Cristal that will bring significant value to our shareholders, our customers and our employees,&#; said Tom Casey, Tronox Chairman and CEO. &#;Because we don't expect to take on new debt, we project a 50 percent
The Nine Lives of Cristal Global
In many ways, The Nine Lives of Cristal Global (working title) is one of those rare books that is both exciting to read and full of practical, inside information virtually everyone in business – and especially business leadership – needs to understand. (Yes, I know, I’m prejudiced, but I’m also certain you’ll agree).
With the working title of &#;The Nine Lives of Cristal Global&#; (and the use of my “novelistic non-fiction” methodology), the story dynamically spans the against-all-odds creation of new industry in the Mid-East and it&#;s multiple near-death experiences at the hands of fierce international competition and dirty tricks. As its young founder struggles to pull his company back from oblivion over and over again, one of the key methods that saves the day is a management/leadership style seldom used in Mid-East, and completely foreign to the established petroleum-based industries of Saudi Arabia: taking care of your people.
The central character – educated in the U.S. at the University of Maine with both his undergraduate and Masters (and later a PhD from another American university) – is Talal al Shair, known fro
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of AlShair Group
Since , AlShair Group, established by Al-Shair - later joined by his brothers Mostafa and Walid Al-Shair in and , respectively - has been providing the world with a revolutionary product (Fiberglass), made locally with natural materials, that guarantees sustainability while providing the look of refined style. Creatively utilizing sand and petrochemical resources of the Kingdom, AlShair Group has expanded its offerings to include furnishings, industrial and municipal products, evolving into an electric corporation that produces and invests in the production of a plethora of different products and materials intended to solve some obstacles faced in everyday life through innovative and attainable methods.
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Dar Al-Handasah Consultants (Shair & Partners) Celebrates the Diamond Jubilee - 60 years of ongoing success, innovation, and leadership
Mr. Riad Mneimneh gave a glance at the company’s evolution. In , Dar Al-Handasah Consultants was founded and headquartered in Beirut, the most vibrant market in the region back then, and started to expand its footprint by launching 40 offices in the Middle East, Africa, Asia, and Europe, as well as five principal design centers in Beirut, Cairo, London, Pune (India), and Amman. Thus, it has grown from the dreams of the late Founder Doctor Kamal Shair to a multinational corporation that provides world-class services on equal footing with the best international consultancy firms. Today, Mr. Talal Shair, Chairman of Dar Al-Handasah Consultants, carries the torch and is committed to let the legacy of his father shine. Under Talal’s leadership, the company has achieved great strides; according to ENR magazine, the DAR Group’s revenues hit US $ billion in
During the past 10 years, Dar Al-Handasah Consultants has built a tradition of excellence in offering high-performance planning and providing its customers with innovative de
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