Cristal Global Announces TiO2 Price Increase in the Middle East and Africa.
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 anatase an·a·tase
A rare blue or light yellow to brown crystalline mineral, the rarest of three forms of titanium dioxide, TiO2, used as a pigment, especially in paint. and rutile rutile, mineral, one of three forms of titanium dioxide (TiO2; see titanium). It occurs in crystals, often in twins or rosettes, and is typically brownish red, although there are black varieties. Tiona[R] and Cristal 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 (TiO2) products sold into all Middle East and Africa end-use markets by US $200 per metric ton effective August 1, 2008 or as contracts allow. This is in addition to the price increase previously announced on June June: see month. 4, 2008.
These price increases are required to partially offset the unprecedented increases in raw material, energy and transportation costs which have severely impacted the profitability of our TiO2 business.
These increases are in addition to previously announced price increases.
Cristal Global is the world's second-largest producer of titanium dioxide 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.