Rising TiO2 prices boost Venator despite falling production
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Published: Friday, 27 October 2017
A fire in the pigment maker's Finnish facility hit sales volumes but rising prices helped profits, while parent company Huntsman's merger with Clariant falls apart.
Rising titanium dioxide prices lifted
profits for pigment maker Venator in Q3, despite a drop in
production and sales volumes due to the fire at a plant in
Pori, Finland.
Simon Turner, Venator president and CEO, said that "looking
forward, [...], Venator is well positioned to benefit [from
current] TiO2...