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(Full text of a statement. Contact details follow below.)
WILMINGTON, Del., July 31 /PRNewswire-AsiaNet/ --
DuPont Titanium Technologies today announced a price increase in the Middle East and Africa for all DuPont titanium dioxide grades.
Effective August 1, 2006, or as permitted by contract, prices for all titanium dioxide grades will increase 100 dollars (US) per tonne in the Middle East and Africa.
This increase is supported by market dynamics and significant increases in raw material, energy and 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, ...
Source: HighBeam Research, DUPONT TITANIUM ANNOUNCES TITANIUM PRICE HIKE IN MIDEAST, AFRICA.