- Revenue of $537 million; net loss attributable to Tronox Limited of $50 million; adjusted EBITDA of $71 million (Non-GAAP) - Income from operations of $8 million; GAAP EPS of ($0.42); adjusted EPS of ($0.43) - TiO2 segment operating income of $6 million; adjusted EBITDA of $59 million up 168 percent from first quarter; free cash flow of $49 million(1) - Alkali segment operating income of $11 million; adjusted EBITDA of $28 million; free cash flow of $17 million - TiO2 Operational Excellence cash generation program ahead of schedule; generated additional $43 million cash from cost reductions and additional $104 million cash from working capital reductions in the first half 2016 - Pigment selling prices increased 5 percent sequentially; further selling price improvement expected in third quarter
Resolute is committed to managing the resources in our care with the highest respect, differentiating the company as an environmental supplier of choice. Our ongoing commitments and annually revised targets help us improve our environmental management performance and reduce our overall footprint. Here are some highlights from our 2020 sustainability reporting, prepared in accordance with the GRI Standards.
In 2020, we recorded 13 environmental incidents, surpassing our 2019 performance of 18 incidents. Continuous improvement moves us toward our long-term aspirational goal of zero incidents.
We also trained over 200 directors, managers and superintendents to reinforce the company’s commitment to environmental incident management and regulatory compliance. Training took place via four virtual sessions led by our Legal team.
We take a preventative and proactive approach to environmental management – driven at the local level by our operations’ managers and overseen by Resolute’s senior management. Our employees work collaboratively across all levels to develop and implement environmental risk audits designed to identify potential non-compliances or environmental incidents before these occur.
We are committed to certifying all of our operations to the ISO 14001 environmental management system (EMS) standards. In early 2021, our Menominee (Michigan) pulp mill as well as both of our Florida tissue mills – Hialeah and Sanford – completed the certification process. We have also finalized the transition to the new ISO 14001:2015 EMS certification at all of our certified operations, working to comply with the increasingly stringent and far-reaching requirements of the standard.
We will continue to proactively oversee and manage our sustainability commitments, working in a spirit of continuous improvement. We invite you to learn more by visiting our Public Commitments page on Resolute’s corporate website.