Cristal Global to raise global prices on its anatase and rutile Tiona and Cristal TiO2 products, effective January, including in North America by US$0.10/lb., in Europe by €150/tonne, in Asia Pacific by US$200/tonne

Liling Tan

Liling Tan

Nov 24, 2010 – Business Wire

JEDDAH, Saudi Arabia and HUNT VALLEY, Maryland , November 24, 2010 (press release) – Cristal Global (Cristal) announced today that it will increase prices on all of its anatase and rutile Tiona® and Cristal titanium dioxide (TiO2) products sold globally, effective January 1, 2011, or as contracts allow.

* In North America: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by US ten cents per pound. An additional premium of US two cents per pound will be applied to all Tiona® 188 product sales within North America. For Tiona® 188 product sales to export markets, a premium of US $50 per metric ton will be applied to product sold to USD export markets and €50 per metric ton to product sold to Euro export markets outside of North America.

* In Latin America: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by US $200 per metric ton.

* In Eastern and Western Europe, including Turkey: Prices for all Tiona® and Cristal titanium dioxide (TiO2) will increase by €150 per metric ton and in Russia and CIS region by US $200 per metric ton.

* In the Middle East and Africa: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by US $200 per metric ton and in North Africa by €150 per metric ton.

* In Asia Pacific: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by US $200 per metric ton. In Australia, prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by Australian $200 per metric ton.

The increases are in addition to earlier announcements.

Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs nearly 4,000 people worldwide.

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