Chemours announced today that it will increase prices on all of its titanium dioxide (TiO2) products sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific regions effective July 1, 2013, or as contracts allow as follows:
- $200 per metric ton (USD), for Ti-Pure™ titanium dioxide (TiO2) grades sold in the Asia Pacific and Latin America regions.
- $200 per metric tonne (USD) for Ti-Pure™ titanium dioxide (TiO2) grades sold in the dollar markets or 160 Euros per metric tonne in Eurozone markets in the Europe, Middle East and Africa region.
- Eight cents per pound (USD) for Ti-Pure™ titanium dioxide (TiO2) grades sold in the North America region with the exception of RPS Vantage™ titanium dioxide products sold into paper and paperboard applications, which will be managed separately.
Chemours 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 mine in Starke, Fla. Technical service centers are located in Paulinia, Brazil; Mexico City, Mexico; Mechelen, Belgium; Dzerzhinskiy, Russia; Kuan Yin, Taiwan; Ichon, Korea; Shanghai, China; Hyderabad, India; and Wilmington, Del., to serve the Latin American, European, Middle Eastern, Asian and North American markets.
Chemours (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about Chemours and its commitment to inclusive innovation, please visit http://www.dupont.com.
Soo Leng Chee