Kronos revenues hit by lower prices, sales
Published: Tuesday, 12 March 2019
Kronos is the latest titanium dioxide (TiO2) producer to feel the effect of sluggish European pigment demand.
Titanium-dioxide producer Kronos has
reported falling revenues, while prices for the pigment decline
and European demand falls on destocking.
Kronos fourth-quarter sales in 2018 were
down by 23% year on year from $349.4 million in the same period
of 2017, the company reported on March 11.
Lower sales volumes...