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DuPont Titanium Technologies Announces a Price Increase for Titanium Dioxide Grades in Asia Pacific

Published on 2004-09-15. Author : SpecialChem

WILMINGTON, Del. -- DuPont Titanium Technologies announced a price increase in Asia Pacific for DuPont(TM) titanium dioxide grades.

Effective Oct. 1, 2004, DuPont is increasing the price of all titanium dioxide grades by US$100 per tonne in Asia Pacific.

These price increases are necessary due to rising raw material costs as well as the need to improve reinvestment economics required for capital funding to support industry growth. These increases are also supported by macro-economic strength driving very strong global TiO2 demand and extremely high industry capacity utilization rates, supporting worldwide recovery.

Other regional increases will be announced directly within the local regions.

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.; Starke, Fla.; Altamira, Mexico; Uberaba, Brazil and Kuan Yin, Taiwan, all of which utilize the chloride manufacturing process. Technical service centers are located in Uberaba, Mexico City; Mechelen, Belgium; Kuan Yin, Wilmington, Del.; and Shanghai, China, to serve the European, Middle Eastern, U.S., Latin America and Asian markets.

DuPont (NYSE: DD - News) is a science 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, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

Source: DuPont Titanium Technologies


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