Kronos maintains net income growth in Q3
Published: Tuesday, 08 November 2016
Like other titanium dioxide producers, Kronos has announced a strengthening of TiO2 prices sequentially and higher volumes sold for the quarter, resulting in higher production levels and operating rates.
Texas, US-headquartered titanium dioxide (TiO2)
producer Kronos Worldwide Inc. has maintained momentum into the
third quarter of 2016, reporting net income of $22.2m, compared
with a net loss of $11.8m last year and up from net income of
$1.7m the previous quarter.
The company reported net income...