T-REX Acquisition Corp.

T-REX Acquisition Corp. is a global producer and marketer of titanium dioxide pigment and other chemical products. The company was formed on May 17, 2005, and became publicly traded in November 2005 following an initial public offering (IPO). Prior to the IPO, T-REX Acquisition Corp. was a wholly owned subsidiary of Kerr-McGee Corporation, comprising substantially all of its chemical business. Concurrent with the IPO, T-REX Acquisition Corp., through its wholly owned subsidiaries, borrowed $550.0 million from senior unsecured notes and a senior secured credit facility. The company distributed substantially all of the proceeds from the IPO and borrowings to Kerr-McGee. Following the IPO, Kerr-McGee retained 56.7% of T-REX Acquisition Corp.'s total outstanding stock, which it distributed as dividends to Kerr-McGee shareholders on March 30, 2006, resulting in Kerr-McGee having no voting ownership interest. Through its past affiliation with Kerr-McGee, T-REX Acquisition Corp. has more than 40 years of experience operating in the chemical industry. In 2006, Kerr-McGee was acquired by Anadarko Petroleum Corporation. The company operates with one reportable segment: pigment, and other businesses which include electrolytic and other chemical products. The pigment segment is one of the leading global producers and marketers of titanium dioxide pigment (TiO2), a white pigment used in a wide range of products. The electrolytic and other chemical products businesses produce electrolytic manganese dioxide, sodium chlorate, boron-based, and other specialty chemicals. In the past, the company has operated or held businesses or properties, or currently holds properties, that do not relate to the current chemical business, including businesses involving the treatment of forest products, the refining and marketing of petroleum products, offshore contract drilling, coal mining, and the mining, milling, and processing of nuclear materials.