TiO2/Zircon latest news

  • January 2017

    Iluka expects 2016 loss; announces 90 job cuts

    31 January 2017

    A number of impairments throughout 2016 in addition to lower average zircon prices are likely to pull Iluka into a net loss for 2016. However, improvements in pigment end markets as well as recent price increases for zircon and rutile bode well for improvements in 2017.

  • MRC ilmenite sales up on improved demand

    30 January 2017

    The company expects the momentum seen in ilmenite at the end of last year to continue in the first quarter of 2017. Zircon and rutile prices, which saw an uptick in Q4, are also expected to strengthen further.

  • Mineral Sands News in Brief 16-23 January

    24 January 2017

    A brief roundup of notable activity in the mineral sands industry featuring news from Nordic Mining, Strandline Resources, Sheffield Resources, Societe D'Exploration Minere Vior Inc

  • PPG acquires Chinese automotive refinishes company

    23 January 2017

    PPG is continuing to strengthen its presence in automotive refinish coatings in the Asian market through the acquisition of Futian Xinshi in China, which has access to a network of more than 200 distributors.

  • Henan Billions expects TiO2 prices to rise further

    23 January 2017

    TiO2 pigment demand is forecast to continue to strengthen in the first half of 2017 as orders during the winter months are higher than average and supply continues to be tight.

  • PPG’s Q4 income buoyed by coatings growth in emerging regions

    20 January 2017

    While the company was hit by a number of restructuring charges as it sought to make its business more profitable during 2016, sales were driven by emerging regions, where PPG saw highest volume growth rates for coatings.

  • ESA closes Norway cases over tailings dumping

    20 January 2017

    Norway was previously accused of breaching the Water Framework Directive in the EEA Agreement for awarding a permit to Nordic Mining for the disposal of tailings from its rutile operation into the Forde Fjord. However, following a review, the ESA has closed three complaints against the country, finding that no illegal decisions have been made.

  • Higher sales volumes push up 2016 profit for Tasnee

    19 January 2017

    The petrochemicals and titanium dioxide producer reported higher profits both for Q4 and full year 2016, attributing the improvement to higher sales and better operational performance together with cost cutting.

  • MZI reports lower mineral sands sales, expects stronger 2017

    19 January 2017

    Although revenue from sales declined in the December quarter, MZI expects demand for leucoxene and other high grade TiO2 feedstocks to grow as the pigment market continues to strengthen. Its outlook for zircon is not as positive though, as the market waits for a rebound in building and construction.

  • Huntsman spin-off to benefit from improvement in TiO2

    18 January 2017

    Textiles Effects will no longer be included in the spin-off, expected for completion in Q2 2017. Meanwhile the recent uptick in titanium dioxide prices is anticipated to boost the strength of the new Venator business.

  • Titanium dioxide prices to continue climbing

    18 January 2017

    IM sources have seen TiO2 prices rise in 2017 so far, however many have noted that the scale of increases have been smaller than announced by major producers such as Chemours and Huntsman.

  • AkzoNobel launches €11m China powder coatings plant

    17 January 2017

    The paints and coatings manufacturer is strengthening its presence in China with the launch of its sixth powder coatings plant as it looks to benefit from China’s rapid industrial growth.

  • Base Resources ilmenite prices up 40% in Q4

    17 January 2017

    The Kenyan mineral sands miner reported higher prices for ilmenite, with additional increases expected in the near term, while the draw-down of inventories in rutile is also likely to push up 2017 prices.

  • Rio ups borates output as salt, TiO2 slag down

    17 January 2017

    Borates production on the rise as salt and TiO2 slag decrease.

  • China revises minerals export tariffs in 2017

    09 January 2017

    China has revised its tariffs on some minerals in 2017. The move comes after complaints last year to the World Trade Organisation (WTO) from the EU and the US against China’s export duties on a number of essential metals and minerals.

  • Price briefing 30 December - 5 January

    06 January 2017

    Graphite market weighs up scrapping of export taxes; China rare earth prices stable for January; alumina and bauxite supply reportedly tight in China; Chinese DBM, CCM export value drops; Chinese TiO2 producers hike prices again.

  • Chinese TiO2 producers hike prices again

    04 January 2017

    Titanium dioxide producers in China increased product prices again in the last week of 2016, while higher exports and lower imports demonstrate China's decreasing reliance on imported material.

  • Huntsman continues streamlining through surfactants business sale

    03 January 2017

    While the company has sold off its European surfactants business, it remains committed to the segment through its US and Australian operations. Proceeds from the sale will be used for the repayment of debt as the company looks to streamline its business and looks to spin off its TiO2 segment this year.

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