Kronos Q2 profits fall on rise in TiO2 feedstock costs
Published: Friday, 09 August 2019
Pigment maker Kronos showed a fall in second-quarter profit because of lower sales prices and higher raw material costs.
Titanium dioxide producer Kronos reported a sharp drop in
earnings for the second quarter of 2019, with lower pigment
prices and higher raw material costs outweighing higher sales
Kronos Worldwide reported a net income of $29.5 million in
the three months to June 31, compared with $77.7 million