Tronox net loss deepens as pigment prices continue to sink
Published: Wednesday, 24 February 2016
Average pigment selling prices were 22% lower y-o-y and 5% lower sequentially in the final quarter of last year, which more than offset volume increases for the US chemicals supplier in some regions.
Titanium dioxide (TiO2) producer Tronox Ltd has reported an
adjusted net loss of $76m or $0.66/diluted share for Q4 2015,
compared with a net loss of $23m the previous year and a loss
of $53m in the previous quarter, as pigment prices continued to
weaken at the end of last...