15 February 2011 11:14 [Source: ICIS news]
SINGAPORE (ICIS)--DuPont Titanium Technologies will increase the price of titanium dioxide (TiO2) sold in the Asia-Pacific region by $300/tonne with effect from 1 April, the company announced on Tuesday.
This is the second price hike by DuPont this year after a $200/tonne price increase effective from 1 January that was announced in November 2010.
TiO2 is mainly used as a white powder pigment in products such as paints, coatings, plastics, paper, inks, fibres, food and cosmetic.
Major TiO2 producers have been raising prices in recent months due to rising raw material costs. The DuPont price hike announcement follows Huntsman’s $200/tonne increase effective from 1 March.
DuPont is the world’s largest manufacturer of TiO2 and has plants in the ?xml:namespace>
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