A Q1 turnaround for feedstock producers

• Autores: Siobhan Lismore-Scott, Kasia Patel
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 561, 2014 (Ejemplar dedicado a: Junio)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Net sales of $420m were 9% lower than in the first quarter of 2013 while the company's average TiO[subscript]2 selling prices were 5% lower. On a quarter-on-quarter basis, average selling prices were 4% lower than at the end of 2013, "with lower prices primarily in export markets that resulted from competitive pressures," Kronos explained.

    The company's TiO[subscript]2 segment profit for Q1 2014 was $28.6m, compared to a segment loss of $43.6m in Q1 2013.

    Total revenue for Tronox was $418m for the quarter, compared with $470m in the first quarter of 2013 and $436m in Q4 2013, while adjusted EBITDA was $77m compared with $73m in Q1 2013.