Tronox sales rise while prices slide

• Autores: John Ollett
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 552, 2013
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Titanium dioxide (TiO2) pigment producer Tronox Inc. saw its pigment volumes rise by 7% during Q2 2013, while prices slid by 1%, bringing it to an overall net income of -$1m for Q2 2013.

    "Our pigment volumes have been high [and] have recovered from the destocking that we saw in 2012 (...) and they are back to sort of normal levels," he said. "Global average selling price modestly declined, down about 1%, but at a much lower rate than we had experienced in the pigment market in previous quarters," he added.

    Being able to supply its pigment business has been an advantage for Tronox: "We have been able to offset much of the titanium feedstock volume and selling price softness seen in the first half by sourcing 100% of pigment segment feedstock purchases from our own Mineral Sands business and benefiting as lower feedstock prices become lower costs in our pigment production," said [Tom Casey].