Weakness in TiO2 market sparks concern for third quarter results

weakness in titanium dioxide (TiO2) demand, fueled by aggressive customer destocking as prices decline, is likely to hurt third-quarter financial results for producers, including Kronos and Tronox. Producers are experiencing sharp third-quarter volume declines, companies and analysts say. Pigment shortage: Customers forced to destock inventory while demand continues to rise. “The decrease in sales and production volumes have been experienced throughout the TiO2 industry, as the majority of TiO2 producers and...

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