WILMINGTON, Del., July 1 DE-DuPont-Titanium
WILMINGTON, Del., July 1 /PRNewswire-FirstCall/ -- DuPont Titanium
Technologies today announced a price increase for all DuPont(R) Ti-Pure(R)
titanium dioxide grades sold in Latin America.
Effective July 15, 2008, or as permitted by contract, prices for DuPont
coatings, plastics, specialty, paper, and laminate titanium dioxide grades
will increase $150 (USD) per metric ton in Latin America.
"The costs of energy and related goods and services have risen by 10
percent in a single week's time, forcing us into the unprecedented position of
imposing a second price increase just weeks after the one we announced in
June," said Ian Edwards, global business director - DuPont Titanium
Technologies (DTT). "The rate of change in energy costs far exceeds the rate
of change in TiO2 prices and the gap between the two continues to expand
rapidly in spite of the price actions taken to date."
DuPont Titanium Technologies is the world's largest manufacturer of
titanium dioxide, serving customers globally in the coatings, paper and
plastics industries. The company operates plants at DeLisle, Miss.; New
Johnsonville, Tenn.; Edge Moor, Del.; Altamira, Mexico; and Kuan Yin, Taiwan;
all of which use the chloride manufacturing process. The company also
operates a plant in Uberaba, Brazil, for finishing titanium dioxide and a mine
in Starke, Fla. Technical service centers are located in Uberaba, Brazil;
Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Ulsan, Korea;
Shanghai, China; and Wilmington, Del., to serve the Latin American, European,
Middle Eastern, Asian and North American markets.
DuPont (NYSE: DD) is a science-based products and services company.
Founded in 1802, DuPont puts science to work by creating sustainable solutions
essential to a better, safer, healthier life for people everywhere. Operating
in more than 70 countries, DuPont offers a wide range of innovative products
and services for markets including agriculture and food; building and
construction; communications; and transportation.
Contact: Maureen Roberts
302-999-2217
maureen.p.roberts-1@usa.dupont.com
7/1/08
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM) and
Ti-Pure(R) are registered trademarks or trademarks of DuPont or its
affiliates.
SOURCE DuPont Titanium Technologies
