Industrial Minerals


Kronos triples TiO2 profits in Q2 as price hikes hit home

05 August 2011

by Mark Watts

Texas pigment producer expects global shortage to continue for several years

Keywords: Kronos, titanium dioxide, TiO2, pigment

Kronos Worldwide more than tripled titanium dioxide (TiO2) profits in the second quarter of 2011, driven by the sharp increase in prices for the white pigment.

TiO2 segment profit was reported at $146.6m. compared with $41.1m. in the same period last year, while company sales rose 41% to $537.5m....