TiO2 prices hit Q1 AkzoNobel revenues

Published: Thursday, 17 May 2018

Despite the implementation of product price rises, the company has been struggling with rising raw material costs with headwinds expected to continue in 2018.

The higher cost of raw materials such as titanium dioxide and a fall in shipments of marine and oil and gas coatings hit AkzoNobel’s first-quarter revenues, it said.
Although the average selling price for its coatings products was up by 3% year on year in the first three...

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