It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rates. It's learned that the sales volumes of vanadium titanium steel products have remained sluggish since August 2012. The inventory to sales ratio was at 96.66%, falling by 1.6 percentage points YoY. However, the steelmakers' input costs have still remained high due to higher raw materials prices and employee costs. Affected by these factors, the vanadium titanium steelmakers' margins have dropped substantially and some of them have faced production suspension.
September 6, 2017Huntsman Corporation (NYSE: HUN) and Rockwood Holdings, Inc. (NYSE: ROC) today announced completion of an important milestone in Huntsman’s pending acquisition of Rockwood’s Performance Additives a...view
April 10, 2024In March 2024, China's titanium dioxide production of 418,900 tons, an increase of 11.33% month-on-month, an increase of 16.91% year-on-year, the cumulative titanium dioxide production in January to M...view
September 6, 2017With the raw material cost increases of 2016 set to continue into 2017, leading coatings manufacturer Hempel has announced price increases of certain products.The cost of many raw materials used in th...view
September 6, 2017DuPont said on Thursday that Mark Vergano, a 26-year veteran, will become chief EXECutive of the chemical conglomerate's titanium dioxide business when it is spun off next year. Vergnano will oversee the new company and ...view