Tronox Holdings plc Q4 2025 Earnings Call Summary

Performance in Q4 2025 exceeded expectations due to TiO2 volumes reaching their highest point of the year, driven by structural shifts in global trade flows following antidumping duties in India and other protected regions. Management attributed the decision to close the Fuzhou and Botlek plants to prolonged market downturns and overcapacity, aiming to streamline the global network and improve long-term cost structures. The sustainable cost improvement program achieved $90 million in run-rate savings ...