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Titanium Dioxide Weakness Sparks Concern About Outlook

8:33 AM MDT | August 3, 2012 | —Lindsay Frost

Easing supply and recent price weakness in titanium dioxide (TiO₂) are raising questions about whether the market has hit a short-term correction or is facing a more serious decline. After a long period of depressed margins and limited investment, TiO₂ supply has tightened in the past three years. “TiO₂ is perhaps the most talked about feast to famine storyline [in] the coatings industry in recent history,” says Daniel Murad, president and CEO of ChemQuest. “Perfect storm conditions were set in motion with a fundamental reset caused by the...

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