Chemours reports falling TiO2 sales

By William Clarke
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...

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