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, the Middle East and Africa for all DuPont(TM) titanium dioxide grades.
Effective April 1, 2005, or as permitted by contract, prices for all titanium dioxide grades in Europe will increase 110 Euros per tonne and 150 US Dollars per tonne in the Middle East and Africa.
These price increases are necessary due to the need to improve reinvestment economics required for capital funding to support DuPont's growth. These increases are also supported by macro-economic strength driving very strong global TiO2 demand. At current capacity utilization rates, this action will assure the recovery of our TiO2 business which ultimately benefits our customers.
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; 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. Technical service centers are located in Uberaba, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Ulsan, Korea; Wilmington, Del.; and Shanghai, China, to serve the European, Middle Eastern, U.S., Asian and Latin America 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