Business News

DuPont Titanium Technologies Announces a Price Increase for Titanium Dioxide Products in Western and Central European and North Africa Markets

2008-08-06 07:00:00

DuPont Titanium Technologies Announces a Price Increase for Titanium Dioxide Products in Western and Central European and North Africa Markets

    WILMINGTON, Del., Aug. 6 /EMWNews/ -- DuPont Titanium

Technologies today announced a price increase for DuPont(TM) Ti-Pure(R)

titanium dioxide grades sold in Western and Central Europe, Turkey, Greece

and North Africa (Maghreb countries).



    Effective Aug. 15, prices for DuPont coatings, plastics, specialty,

paper and laminate titanium dioxide grades will increase by 50 Euros per

tonne in all Euro markets.



    "While demand for TiO2 remains quite strong, our costs -- from raw

materials to energy and utilities to reinvestment in production assets --

are at historically high levels and continue to escalate," said Ian

Edwards, global business director for DuPont Titanium Technologies. "So we

have no choice but to impose a new price increase, in addition to the ones

we announced in June and July. Given the current volatility and

unpredictability of our input costs, contracts are currently being

renegotiated to permit a more timely response to these external factors."



    DuPont Titanium Technologies is the world's largest manufacturer of

titanium dioxide, serving customers globally in the coatings, paper and

plastics industries. The company operates plants at DeLisle, Miss.; New

Johnsonville, Tenn.; Edge Moor, Del.; Altamira, Mexico; and Kuan Yin,

Taiwan; all of which use the chloride manufacturing process. The company

also operates a plant in Uberaba, Brazil, for finishing titanium dioxide

and a mine in Starke, Fla. Technical service centers are located in

Uberaba, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan;

Ulsan, Korea; Shanghai, China; and Wilmington, Del., to serve the Latin

American, European, Middle Eastern, Asian and North American markets.



    DuPont (NYSE: DD) is a science-based products and services company.

Founded in 1802, DuPont puts science to work by creating sustainable

solutions essential to a better, safer, healthier life for people

everywhere. Operating in more than 70 countries, DuPont offers a wide range

of innovative products and services for markets including agriculture and

food; building and construction; communications; and transportation.



    The DuPont Oval Logo, DuPont(TM), The miracles of science(TM) and

Ti-Pure(R) are registered trademarks or trademarks of DuPont or its

affiliates.



    Contact: Maureen P. Roberts




302-999-2217 [email protected]

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Blake Masterson

Freelance Writer, Journalist and Father of 5

Related Articles

Back to top button