Kronos’ Q3 results hit by TiO2 market decline

By Emma Hughes
Published: Tuesday, 06 November 2012

Company sees 14% drop in third quarter sales; average selling price increases 5%

Kronos Worldwide, Inc. has reported weak third quarter results as higher average titanium dioxide (TiO2) selling prices and lower sales and production volumes continue to affect TiO2 producers worldwide.

The US company’s net income totalled $35.2m in Q3 2012 compared with $85.9m for the third quarter of 2011 while net...

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