Cristal Global Announces Price Increase for Ultrafine and Specialty Titanium Dioxide (TiO2).JEDDAH, Saudi Arabia Saudi Arabia (sä  `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. & HUNT VALLEY, Md. -- Cristal Global
(Cristal) announced today that it will increase prices on all of its
Ultrafine and Specialty A contract under seal.A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt. titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. dioxide dioxide /di·ox·ide/ (-ok´sid) an oxide with two oxygen atoms. di·ox·ide n. A compound containing two oxygen atoms per molecule. (TiO2) products sold in all markets by 12% per metric ton effective on August 1, 2008, or as contracts allow. This price increase is urgently required to partially offset the unprecedented increases in raw material, energy and transportation costs. One of the most significant escalating costs is sulfur sulfur or sulphur (sŭl`fər), nonmetallic chemical element; symbol S; at. no. 16; at. wt. 32.06; m.p. 112.8°C; (rhombic), 119.0°C; (monoclinic), about 120°C; (amorphous); b.p. 444.674°C;; sp. gr. at 20°C;, 2. , a key raw material for the manufacturing of both Ultrafine and Specialty TiO2, which has recently risen to a level severely impacting the profitability of our business. Cristal Global is the world's second-largest producer of titanium dioxide pigments, a major ultrafine and specialty titanium dioxide producer and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs more than 3,500 people worldwide. www.cristalglobal.com |
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