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DuPont: TiO2 Outlook Strong Despite Reports

2:51 PM MDT | October 17, 2013 | Lindsey Bewley

DuPont says the market outlook for titanium dioxide (TiO2) in the second half of 2012 is expected to be strong, despite statements by other TiO2 producers. "Recent comments regarding market demand for titanium dioxide in the second half of 2012 are not consistent with DuPont's view and overstate the softness in the pigment industry,” says BC Chong, president of DuPont Titanium Technologies.
Last week, rival TiO2 producer Tronox stated it has seen prices in Europe, Asia Pacific, and—to a lower degree—other regions soften as a result of demand lessening and supply not declining commensurately. Tronox said the largest contributing factors to the relative softness in demand stem from customer reactions to the continued macroeconomic slowdown in China and the eurozone markets.
However, DuPont says its outlook for its TiO2 business this year remains positive. “We expect demand for titanium dioxide to be stronger than that of ore due in part to changes in inventory levels,” Chong says. “We remain confident in our titanium dioxide outlook for the rest of the year and longer term.” 

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