Resumen de Goldman Sachs point to a bumpy 2014 and 2015 for zircon and TiO2
For TiO 2, Goldman forecasts consumption in the pigment industry to grow by 2.3% in 2014 to 5.53m tonnes and by 3.8% in 2015 to 5.74m tonnes.
As a consequence, feedstock producers have accepted lower average prices. Other have also divested their TiO 2 business, with Rockwood selling its TiO 2 assets to Huntsman Corp. in September last year and DuPont indicating that it is ready to sell or spin off its Performance Chemicals business.
DuPont produced more TiO 2 in 2013, but saw lower selling prices, the company said in its Q4 2013 results
