VENATOR MATERIALS PLC


Associated tags: Titanium dioxide

Venator Awarded Prestigious Gold Medal from EcoVadis for Sustainability Performance

Retrieved on: 
Friday, December 22, 2023

WYNYARD, UK, Dec. 22, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company"), announced today that it has achieved a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings. This recognition marks a significant improvement from the preceding year's Silver Medal accolade, showcasing Venator's commitment to sustainability and environmental stewardship.

Key Points: 
  • WYNYARD, UK, Dec. 22, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company"), announced today that it has achieved a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings.
  • This recognition marks a significant improvement from the preceding year's Silver Medal accolade, showcasing Venator's commitment to sustainability and environmental stewardship.
  • Venator's elevation to a Gold Medal reflects the company's enhanced performance in these critical areas, positioning it among the top 4% of companies rated globally.
  • The EcoVadis Gold Medal is testament to Venator's efforts and dedication to sustainable practices, exemplifying the company's strategic initiatives and policies aimed at minimizing environmental impact across its entire operation.

Venator Materials PLC Announces Court Confirmation of its Plan of Reorganization

Retrieved on: 
Wednesday, July 26, 2023

WYNYARD, UK, July 26, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company") (OTC: VNTRQ), a global manufacturer and marketer of chemical products, today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan").

Key Points: 
  • WYNYARD, UK, July 26, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company") (OTC: VNTRQ), a global manufacturer and marketer of chemical products, today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan").
  • Simon Turner, President and Chief Executive Officer of Venator, said:  "We are pleased to announce that the Court has confirmed our plan of financial reorganization less than ten weeks after filing for Chapter 11.
  • Under the terms of the Plan, Venator will complete a comprehensive restructuring transaction that will see nearly all of the Company's funded debt be converted to equity while leaving trade obligations unimpaired.
  • Proceeds from the exit financing contemplated by the Plan are expected to fund emergence.

Venator to Discuss Fourth Quarter and Full Year 2022 Results on February 21, 2023

Retrieved on: 
Thursday, February 9, 2023

In order to facilitate the registration process, you may use the following link to pre-register for the conference call.

Key Points: 
  • In order to facilitate the registration process, you may use the following link to pre-register for the conference call.
  • Callers who pre-register will be given a unique PIN and separate call-in number to gain immediate access to the call and bypass the live operator.
  • Participants are encouraged to dial into the call or link to the webcast at least fifteen minutes prior to the scheduled start time.
  • The conference call will be available for replay beginning February 21, 2023 and ending February 28, 2023.

Venator Strategic Review Update, Appointment of Advisors, Two New Independent Directors and Chairman, Engagement with Stakeholders

Retrieved on: 
Friday, January 20, 2023

WYNYARD, United Kingdom, Jan. 20, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator") (NYSE: VNTR) today provides a fourth quarter business update and announces the appointment of Moelis & Company and Kirkland & Ellis, in addition to business and operational advisor Alvarez & Marsal to assist with strategic review and engagement with stakeholders. Venator additionally announces the appointment of new independent directors, Stefan M. Selig and Jame Donath, who bring extensive experience to the role including in finance, investment and regulatory affairs, following the resignation of Miguel Kohlmann from the Board. In addition to serving as Venator's Chairman, Mr. Selig also will be a member of the Board's Audit Committee. Mr. Donath will join the Board's Compensation Committee.

Key Points: 
  • Simon Turner, President and CEO of Venator, commented: "Unprecedented macro-economic factors pose a major challenge for our business.
  • He added: "I am delighted to welcome Stefan M. Selig and Jame Donath to the Board as new independent directors.
  • With their appointments, the Board has a mix of skills and expertise well suited to guide the Company through the strategic review process.
  • Management and Venator's advisors continue to evaluate all options to drive value for all of our stakeholders.

VENATOR AUTOMATES PRODUCT CARBON FOOTPRINT WITH HELP FROM ATOS

Retrieved on: 
Wednesday, December 7, 2022

WYNYARD, UK, Dec. 7, 2022 /PRNewswire/ -- Venator (NYSE: VNTR) today announced that it is working with Atos – a global leader in digital transformation – to measure the carbon footprint of its products. As Venator increases its focus on sustainability across its operations, this strategic project will enable the business to deliver data on the carbon footprint of its products to its customers and accelerate its sustainability ambitions.

Key Points: 
  • Atos will help Venator gather key insights from its existing data that will enable enterprise-wide deployment of a specialist digital product carbon footprint (PCF) tool originally developed by BASF.
  • Working with Atos to automate the carbon footprint calculation of our products is a big step forward.
  • It will help Venator achieve our ambitions by identifying improvements needed to make our business and our product portfolio even more sustainable.
  • Providing product carbon footprint data will also help our customers make more informed choices."

Venator to promote pigment dosing machines at Bauma

Retrieved on: 
Wednesday, October 12, 2022

WYNYARD, United Kingdom, Oct. 12, 2022 /PRNewswire/ -- Venator is returning to Bauma this October where it will highlight its expertise in the manufacture of pigment dosing machines designed specifically for the construction industry and for coloring concrete. Known worldwide for its extensive range of inorganic pigments and functional additives, Venator has also developed a leading portfolio of pigment dosing systems that can be used in conjunction with specialist pigment preparations to transform grey concrete into any shade in the color spectrum. 

Key Points: 
  • Visit Venator at Messe Munich, Germany from October 24- 30, 2022
    WYNYARD, United Kingdom, Oct. 12, 2022 /PRNewswire/ -- Venator is returning to Bauma this October where it will highlight its expertise in the manufacture of pigment dosing machines designed specifically for the construction industry and for coloring concrete.
  • Known worldwide for its extensive range of inorganic pigments and functional additives, Venator has also developed a leading portfolio of pigment dosing systems that can be used in conjunction with specialist pigment preparations to transform grey concrete into any shade in the color spectrum.
  • Visitors to Bauma will be able to see one of Venator's GRANUMAT automatic dosing systems up close the GRANUMAT Microsmarty.
  • Alongside its expertise in dosing machines, Venator will also use Bauma to promote its:
    HYDROTINT liquid pigment slurries a range of highly concentrated liquid iron oxide pigments available in red, yellow, brown and black for concrete manufacturing
    FERROXIDE pigments synthetic, non-toxic, red, yellow, orange, brown and black iron oxides for integration into concrete coatings.

Venator to shine a light on comprehensive solar reflective pigment range at K2022

Retrieved on: 
Thursday, October 6, 2022

WYNYARD, UK, Oct. 6, 2022 /PRNewswire/ -- Venator is returning to K2022 this October where it will demonstrate its unrivalled expertise in manufacturing pigments for the plastics industry that have solar reflective capabilities. Following record-breaking temperatures across Europe this summer, Venator will use its time in Dusseldorf to highlight the breadth of its infrared reflective pigments portfolio – which is the most comprehensive of its kind available to formulators that want to improve the thermal stability and durability of plastics.

Key Points: 
  • WYNYARD, UK, Oct. 6, 2022 /PRNewswire/ -- Venator is returning to K2022 this October where it will demonstrate its unrivalled expertise in manufacturing pigments for the plastics industry that have solar reflective capabilities.
  • When it comes to solar reflective pigments, Venator has a range of technologies available including:
    ALTIRIS pigments an award-winning range of titanium dioxide (TiO2) pigments used to improve the durability of plastics and prevent warping and discoloration caused by the sun.
  • Venator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption.
  • Based in Wynyard, U.K., Venator employs approximately 3,500 associates and sells its products in more than 110 countries.

Venator Provides Third Quarter 2022 Business Update and Announces Earnings Conference Call

Retrieved on: 
Thursday, October 6, 2022

Certain statements contained in this press release constitute "forward-looking statements" within the meaning of the U.S.

Key Points: 
  • Certain statements contained in this press release constitute "forward-looking statements" within the meaning of the U.S.
  • These forward- looking statements represent Venator's expectations or beliefs concerning future events, and it is possible that the expected results described in this press release will not be achieved.
  • New factors emerge from time to time, and it is not possible for Venator to predict all such factors.
  • The risk factors and other factors noted therein could cause its actual results to differ materially from those contained in any forward-looking statement.

VENATOR BECOMES FIRST TITANIUM DIOXIDE PRODUCER WITH ECO PASSPORT BY OEKO-TEX® CERTIFIED GRADE FOR TEXTILE INDUSTRY

Retrieved on: 
Tuesday, September 27, 2022

WYNYARD, England, Sept. 27, 2022 /PRNewswire/ -- Following the recent publication of its second sustainability report, Venator has become the first manufacturer and supplier of fiber anatase titanium dioxide (TiO2) to the textile industry to secure an ECO PASSPORT by OEKO-TEX®. The accreditation relates to Venator's HOMBITAN® LW-S 100 pigment, a premium TiO2 grade for delustering synthetic fibers such as polyester, viscose, and acrylic.

Key Points: 
  • HOMBITAN LW-S 100 is an important TiO2 grade in the textile industry.
  • Xandra Blser, Global Business Director - Specialty Pigmentary TiO2at Venator, said: "Textile producers are increasingly looking to source raw materials with an ECO PASSPORT in place.
  • To secure ECO PASSPORT by OEKO-TEX status for HOMBITAN LW-S 100, Venator worked with the testing provider Hohenstein.
  • Venator is now working to secure ECO PASSPORT status for a variety of other TiO2 grades that it produces for the textile industry.

Venator - strengthening commitment to sustainability

Retrieved on: 
Wednesday, August 31, 2022

WYNYARD, UK, Aug. 31, 2022 /PRNewswire/ -- Venator has strengthened its commitment to sustainability, elevating responsibility for this important topic to the highest level within its business.

Key Points: 
  • WYNYARD, UK, Aug. 31, 2022 /PRNewswire/ -- Venator has strengthened its commitment to sustainability, elevating responsibility for this important topic to the highest level within its business.
  • Publishing its second sustainability report,Venator has appointed Rob Portsmouth as Senior Vice President, Sustainability and Environment, Health & Safety (EHS).
  • The changes come as Venator, a leading manufacturer of titanium dioxide and performance additives, prepares to increase focus on its sustainability efforts building on work conducted to date.
  • Simon Turner, President and CEO of Venator, said: "Sustainability has always been top of mind at Venator.