Chemours reports falling TiO2 sales
Published: Friday, 02 November 2018
Revenues from Chemours’ sales of titanium dioxide was down in the July-September quarter, despite higher prices, as buyers drew down inventories.
Chemours is the latest titanium dioxide producer to report
falling demand for its material, even as prices rise.
The US-based titanium dioxide and fluorochemical company
warned that full-year earnings before interest, taxation,
depreciation and amortization (Ebitda) in 2018 would be "in the
lower half" of its previously forecast range...