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Markets :: Basic Chemicals :: Inorganic Chemicals :: Titanium Dioxide
Tronox reports loss, says titanium dioxide prices are stabilizing
August 7, 2013 | Lindsay Frost
Tronox reported a second-quarter net loss of $13 million compared to a gain of $1.1 million in the same quarter 2012. Earnings per share loss of 11 cts/share were in line with analyst estimates, as reported by Thomson Reuters (New York). Sales of $525 million, were up 22% year-over-year (YOY) on stronger volumes in its titanium dioxide (TiO2) pigment segment, while selling prices are showing signs of stabilizing, the company says....
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