Kronos Q4 income up on higher TiO2 sales, prices

By Kasia Patel
Published: Monday, 13 March 2017

While average 2016 prices for titanium dioxide were lower than the previous year, price improvements in the fourth quarter together with higher sales volumes and growing demand buoyed both Q4 and full year results.

Titanium dioxide producer Kronos has reported a net income of $23.2m for the fourth quarter of 2016, up from a loss of $20.4m in Q4 2015, as both prices and volumes saw a year-on-year (y-o-y) improvement. The  company reported an increase in net sales of 16% to $333.7m...

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