Kronos Worldwide: Benefiting From Sulfur Shortage

With the surging demand for chloride-based TiO₂, Kronox Holdings presents a good investment opportunity with superior fundamentals to its peers and a better margin structure.

Inventories decreased 27% YoY, adding $120 million in cash inflows and boosting operating cash flow, which increased 102% to $2 million.

With the sales multiple of 0.5, KRO is trading at a discount to the sector and industry peers and presents us with a 100% upside.

Earlier this year I wrote an article on Kronos's (KRO) main competitor in the commodity chemicals space, namely Tronox Holdings (TROX), citing the firm will be one of