DuPont Titanium Technologies Announces a Price Increase for Titanium Dioxide Grades in EMEA Region
Wilmington, Delaware (ots/PRNewswire)
DuPont Titanium Technologies today announced a price increase in Europe and the Middle East for all DuPont(TM) titanium dioxide grades.
Effective Feb. 1, 2005, or as permitted by contract, prices for all titanium dioxide grades in Europe will increase 120 Euro per tonne and 150 US$ per tonne in the Middle East.
These price increases are necessary due to 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 increases are being announced currently elsewhere in the world.
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 use the chloride manufacturing process. Technical service centers are located in Uberaba; Mechelen, Belgium; Kuan Yin; Wilmington, Del.; and Shanghai, China, to serve the European, Middle Eastern, U.S. and Asian markets.
DuPont (NYSE: DD) 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.
Contact: Amy J. Hurff
+1-302-999-2361
amy.j.hurff@usa.dupont.comWeb site: http://www.dupont.com
Contact:
Amy J. Hurff, DuPont Titanium Technologies, +1-302-999-2361,
amy.j.hurff@usa.dupont.com