PPG Industries sees TiO2 price decline in 2013
Published: Tuesday, 15 January 2013
Paint industry to strengthen over the next year, particularly in Asia Pacific
producer PPG Industries improved the margins in its coating
business by roughly 13%, and its earnings by 30%, on the back
of modest decreases in titanium dioxide (
TiO2) prices for Q4 2012.
The US-based company also reduced its consumption of TiO2 by
4% per can and sees opportunities...