Cristal Global to raise titanium dioxide prices in U.S. by $0.20/lb, in Europe by €150/tonne and in rest of world by up to US$200/tonne, effective April 1
Philip Goldsmith
JEDDAH, Saudi Arabia, and HUNT VALLEY, Maryland
,
March 13, 2012
(Cristal Global)
–
Cristal Global announced today that it will increase prices on all of its anatase and rutile Tiona® and Cristal titanium dioxide (TiO2) products sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific sub-regions effective April 1st, 2012, or as contracts allow:
- In North America: Prices for all anatase and rutile Tiona® products sold in North America will increase by US 20 cents per pound.
- In Eastern and Western Europe, including Turkey: Prices for all anatase and rutile Tiona® and Cristal titanium dioxide (TiO2) products will increase by €150 per metric ton. In Russia, the CIS countries and other European US Dollar markets, prices for such products will increase by US $200 per metric ton.
- In the Middle East and Africa: Prices for all anatase and rutile Tiona® and Cristal titanium dioxide (TiO2) products sold in US dollar markets will increase by US $200 per metric ton or by a minimum of €150 per metric ton in North Africa.
- In Asia Pacific: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products sold in the Asian markets will increase by US $200 per metric ton. In Oceania, prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by Australian $200 per metric ton or by US $200 per metric ton in the US Dollar markets.
- In Latin America: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products will increase by up to US $200 per metric ton.
These 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 3,700 people worldwide.
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