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Chemical Week Magazine :: Business & Finance :: United States/Americas
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 (TiOâ‚‚) 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, TiOâ‚‚ supply has tightened in the past three years. “TiOâ‚‚ 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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