DuPont Titanium Technologies Announces a Price Increase for Ti-Pure(R) Titanium Dioxide Products Sold in Asia
Tuesday, August 26, 2008 9:01 AM
Symbols: DD

SINGAPORE, Aug. 26 /PRNewswire-FirstCall/ -- DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure(R) titanium dioxide grades sold in the Asia Pacific region.

Effective Sept. 15, or as permitted by contract, prices for all titanium dioxide grades (TiO2) will increase $200 (USD) per ton in Asia, except the People's Republic of China and Japan. Effective Sept. 15, or as permitted by contract, prices in China will increase by 2.0RMB/kg. This increase is in addition to those announced in June.

'Demand for TiO2 remains strong. Higher raw material, energy and transportation costs continue to impact our manufacturing expenditures,' said Ian Edwards, global business director -- DuPont Titanium Technologies. 'Energy efficiency and productivity initiatives have offset some of this impact, but this price increase is necessary for continued investment in global fulfillment, quality offerings and value to customers.'

DuPont Titanium Technologies is the world's largest manufacturer of titanium dioxide, serving customers globally in the coatings, paper and plastics industries. The company operates plants at DeLisle, Miss.; New Johnsonville, Tenn.; Edge Moor, Del.; Altamira, Mexico; and Kuan Yin, Taiwan; all of which use the chloride manufacturing process. The company also operates a plant in Uberaba, Brazil, for finishing titanium dioxide and a mine in Starke, Fla. Technical service centers are located in Uberaba, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Ulsan, Korea; Wilmington, Del.; and Shanghai, China, to serve the European, Middle Eastern, United States, Asian and Latin America markets.

DuPont (NYSE: DD) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries and regions, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation and apparel.

The DuPont Oval Logo, DuPont(TM), The miracles of science(TM) and Ti-Pure(R) are registered trademarks or trademarks of DuPont or its affiliates.

    Contact: Kimberlie A. Lantz - United States
             302-999-2361
             kimberlie.a.lantz@usa.dupont.com
             Ricky Fu Ming Law - Singapore
             +65-6586-3055
             Ricky-Fu-Ming.Law@sgp.dupont.com

SOURCE DuPont Titanium Technologies

(Source: PR Newswire )

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