Kronos Announces Price Hike for Titanium Dioxide17 Sep 2009 • by Natalie Aster
Kronos Worldwide Inc. said Wednesday it was raising prices for all grades of titanium dioxide sold in North America.
The company said the increase effective Oct. 1 was 5 cents per pound. Kronos also raised prices in May and July.
It announced last week that it would raise prices for titanium dioxide sold outside North America and Europe by at least $150 per metric ton on Oct. 1.
Titanium dioxide is used as a white pigment in paints and in sunscreens.
Shares of Kronos rose 36 cents, or 3.9 percent, to $9.74.
Source: The Associated Press
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