Weak North American TiO2 prices to impact Huntsman’s Q3 earnings
Published: Monday, 28 September 2015
The pigment producer has said that a number of adverse trends will impact its upcoming third quarter earnings, including soft TiO2 prices. It also reaffirmed its intention to spin off its pigments and additives business by the end of 2016 at the latest.
US-based Pigment producer Huntsman Corp.
has released a list of factors that are likely to negatively
impact its Q3 earnings.
Lower titanium dioxide (TiO2)
selling prices, particularly in North America, were among the
market dynamics listed as the TiO2 industry
continues to struggle.
A report released by ratings agency Moody’s