Kronos reports surge in Q4 profit on recovering TiO2 market
Published: Monday, 07 March 2011
US producer says demand growth driving higher volumes and prices for white pigment
Kronos International Inc. reported a significant increase in
profit for the fourth quarter of 2010 driven by rising prices
and volumes for titanium dioxide (TiO2), the Dallas-based
pigment producer said.
Net income rose to $21.8m. in the fourth quarter, up from
$0.6m. in the same period of 2009, while...