15 September 2004 16:22 [Source: ICIS news]
HOUSTON (CNI)--Kerr-McGee Chemical announced Wednesday it will end titanium dioxide (TiO2) pigment sulphate production at its ?xml:namespace>
Kerr-McGee Chemical is the world’s third-largest producer and marketer of titanium dioxide pigment, an inorganic whitener and opacifier for paints, plastics, paper, inks and hundreds of consumer products.
Tom Adams, Kerr-McGee Chemical vice president and general manager of the pigment division, said production of titanium dioxide pigment remains a core business for Kerr-McGee. “However, demand and prices for sulphate anatase pigments, particularly in the paper market, has declined in
The Oklahoma City, Oklahoma-based company also plans to end production at the
The company will take a $75m-85m after-tax charge in the third quarter of 2004, primarily related to the shutdowns.
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