2013 Q3 average TiO2 selling prices decreased 18% as compared to the third quarter of 2012;
2013 Q3 average TiO2 selling prices decreased 21% in the first nine months of the year as compared to the same prior 2012;
2013 Q3 TiO2 sales volumes were approximately 4% higher as compared to the third quarter of 2012;
TiO2 sales volumes were approximately were 8% higher in the first nine months of 2013;
Average TiO2 selling prices at the end of 2013 Q3 were 1% higher than at the end of the second quarter of 2013 and were 7% lower than at the end of 2012;
The Company's TiO2 segment profit in the third quarter of 2013 was $2.4 million compared to segment profit of $42.0 million in the third quarter of 2012. Segment profit declined in the third quarter of 2013 primarily due to the net effects of lower average TiO2selling prices, lower raw material costs and higher sales and production volumes.
As expected, the cost of sales per metric ton of TiO2 sold in the third quarter of 2013 was lower than the cost of sales per metric ton of TiO2 sold in the third quarter of 2012, primarily due to lower feedstock ore costs. Our cost of sales per metric ton of TiO2 sold in the first half of 2013 was significantly higher than TiO2 sold in the first half of 2012, as a substantial portion of the TiO2 products we sold in the first quarter of 2013 (and a portion of the TiO2 products we sold in the second quarter of 2013) was produced with significantly higher-cost feedstock ore purchased in 2012.
Kronos' TiO2 production volumes were 15% higher in the third quarter of 2013 as compared to the third quarter of 2012, and were 1% higher in the year-to-date period. During the first nine months of 2013, Kronos operated its facilities at approximately 88% of practical capacity primarily to align production and inventory levels to current and anticipated near-term customer demand levels.
July 15, 2021In early July, the mainstream price of titanium dioxide was generally weak. The off-season started and the operating rate of some manufacturers declined, and the execution price also declined slightly...view
September 6, 2017Bringing their designer-inspired colors and wallpapers to a larger audience of homeowners, HGTV and Sherwin-Williams have launched HGTV HOME by Sherwin-Williams in Canada. First introduced to the U.S....view
November 20, 2024According to TDD data statistics, inOctober 2024, China's titanium dioxide production of 397,900 tons, basicallyunchanged from the previous year, down 0.32%; From January to October 2024, thecumulativ...view
January 11, 2021Following Chemrous tio2 price increasing in Asia market,China titanium dioxide tio2 suppliers announcesthe first time titanium dioxide price increasing $80-$100/ton in the year 2021view
January 10, 2018The plastic industry is the second largest user of titanium dioxide. Generally, the consumption of titanium dioxide in the plastic field accounts for 20% of the consumption of titanium dioxide in the ...view
September 13, 2018Venator is to close its titanium dioxide (TiO2) plant in Pori, Finland, by 2021 due to "cost escalation and extended timeline" for its reconstruction following a fire in 2017, the US-headquartered che...view