Tronox reports lower sales in first quarter
Published: Monday, 13 May 2019
Titanium dioxide producer Tronox reported falling volumes and prices, but hopes to see benefits from US tariffs and end of destocking.
Tronox reported a 14% year on year drop in
pigmentsales in the first quarter of 2019, driven by lower
volumes and slightly lower prices.
Sales volumes were 10%,, which was
ascribed to continued destocking by buyers in Asia and
European. Prices were down 2% on a local currency basis.