Huntsman latest producer to be hit by TiO2 dip
Published: Friday, 02 November 2012
Pigment revenues decline by 30% while EBITDA halves amid poor sales
Corp. became the latest chloride-route titanium dioxide
(TiO2) producer to be hit by the industry dip as
revenues from its pigment segment declined by 30% year-on-year
pigments divisions EBITDA* fell by more than
half, dropping by 55% y-o-y to $72m.
The decrease in adjusted...