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(Full text of a statement. Contact details follow below.)
WILMINGTON, Del., June 30 /PRNewswire-AsiaNet/ --
DuPont Titanium Technologies today announced a price increase in Europe for all DuPont titanium dioxide grades.
Effective July 1, 2006, or as permitted by contract, prices for all titanium dioxide grades will increase 130 Euros per tonne in Europe.
This increase is supported by market dynamics and significant increases in raw material, energy, fuel costs, as well as reinvestment economics to meet future customer needs. 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.; Altamira, Mexico; and Kuan Yin, Taiwan; all of which use the chloride manufacturing process. The company also operates a plant in Uberaba, Brazil, for finishing titanium dioxide ...
Source: HighBeam Research, DUPONT TITANIUM ANNOUNCES TITANIUM DIOXIDE PRICE HIKE IN EUROPE.