IHS Chemical Week

Regions :: North America

TIO2 demand drop hurts Kronos earnings

11:42 AM MDT | October 3, 2012 | Lindsay Frost

Kronos (Dallas, TX) reported preliminary third quarter results, with expected net sales dropping about 10%-12% to $480 million-$495 million due to lower titanium dioxide (TiO2)  sales volumes. The company says expected segment profit fell between 75-78%, to $35-$40 million. The decline in profit also reflects the adverse impact of an estimated $28 million of unabsorbed fixed overhead costs charged to the cost of sales as a result of the lower production volumes, the company says. Adjusted earnings are expected to fall between $73-$78 million, with...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa