04 September 2012 19:01 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--Brazil's Chamber of Foreign Trade (Camex) temporarily reduced the import tariff for titanium dioxide (TiO2) to 2% from 10%, it said on Tuesday.
Camex said it reduced the tariff to prevent TiO2 shortages.
The reduction will last 12 months for international companies that export up to 6,000 tonnes of the material to Brazil, Camex said.
Brazil has no TiO2 producers, it said.
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