Trona mine sold to Tronox

The FMC Corporation has reached an agreement to sell its Alkali Chemicals branch and with it, its mine west of Green River.

Tronox, an American chemical company announced it reached an agreement with FMC to purchase its Alkali Chemicals division for $1.64 billion. According to the release from Tronox, approximately $1 billion will be paid in cash while another $600 million will be paid through new debt.

“We are very pleased to welcome Alkali Chemicals to Tronox. With its industry-leading position in markets complementary to ours, Alkali Chemicals brings strong operational and financial pe...