Titanium Dioxide TiO2

Wednesday, December 21, 2005

DuPont to Raise Titanium Dioxide Prices

DuPont to Raise Titanium Dioxide Prices in Europe, Mideast, Latin America Due to Higher Costs

Titanium Dioxide manufacturer DuPont Co. said Tuesday it is raising its titanium dioxide prices in Latin America, after announcing earlier in the day it was hiking prices for the chemical in the Middle East and Europe, due to higher raw material and energy costs.

Chemicals company DuPont said it will increase the prices of all of its Ti-Pure titanium dioxide (TiO2) grades in Latin America by $100 per tonne. Also on Tuesday, the company said it will raise the price of titanium dioxide by 130 Euros ($154.17) per tonne in Europe and by $150 per tonne in the Middle East.

Earlier this month, DuPont raised titanium dioxide price in North America by 5 cents per pound.

The price hikes are effective Jan. 1 or as contracts allow, the company said, adding it plans to announce regional increases within local regions.

DuPont Titanium dioxide is used in the coatings, paper and plastics industries.


Soure by WILMINGTON, Del. (AP)

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