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China Just Bought a Bankrupt UK Chemical Plant — And Europe’s Industry Is Furious

Venator Materials UK, a titanium dioxide factory on Teesside in the north-east of England, went into administration last October after more than 50 years of operation, taking 270 jobs with it. Titanium dioxide is an industrial whitening agent used in paints and plastics, but also in defence supply chains and green energy manufacturing — giving the facility significance beyond its size.

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