WYNYARD, UK, July 17, 2024 – Venator Materials plc (Venator) today announces that it has completed the sale of its 50% interest in the Louisiana Pigment Company (LPC) titanium dioxide manufacturing joint venture facility to its operating partner Kronos Worldwide, Inc. The Venator group received $185 million in cash at completion (subject to working capital […]
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On June 7, the European Commission published an implementing regulation making imports of titanium dioxide from China subject to registration. The Spanish Association of Manufacturers of Paints and Printing Inks (Asefapi) warns about the legal uncertainty and consequences for the sector. This decision of the European Commission implies that all imports of TiO2 from China will […]
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SynopsisPaint shares surged due to price hikes, led by Indigo Paints at 10.7%. Analysts foresee short-lived gains and pressure from Birla Opus. Nuvama views price hikes favorably. Despite underperformance in 2024, Q1 earnings may be muted, keeping stocks range-bound. Anand Rathi sees opportunities. Elara Capital cites margin pressure and muted FY25 earnings, advising strategic investment. […]
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Michael Leonard has been appointed president and CEO of the Nippon Paint Automotive Americas Group 07.11.24 Nippon Paint Automotive Coatings announced the appointment of Michael Leonard as President and CEO of the Nippon Paint Automotive Americas Group. In this role he will lead Nippon Paint Automotive Americas, Nippon Paint Automotive Coatings Mexico S. A de C. […]
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Today, Commission Implementing Regulation (EU) 2024/1923 of 10 July 2024 imposing a provisional anti-dumping duty on imports of titanium dioxide originating in the People’s Republic of China has been officially published. The publication follows the Commission’s investigation of dumping and injury covering the period from 1 October 2022 to 30 September 2023. The product subject […]
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On 08 Jul., Panzhihua Taihai Technology Co., Ltd. announced that it will be increasing the prices of its rutile and anatase titanium dioxide products effective immediately. For domestic Chinese customers, the prices will be raised by 600 RMB per mt. For international (foreign) customers, the prices will be raised by $80 USD per mt. The […]
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The EU Commission has initiated anti-dumping proceedings against decor paper imports from China. A corresponding publication was made in the Official Journal of the European Union at the end of the 24th calendar week. On 2 May, four European decor paper producers lodged a corresponding complaint, among them German papermakers Felix Schoeller group and Koehler […]
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Despite the current sluggish domestic demand in China, and the recent setback from the EU’s anti-dumping measures, signs of speculative trading are emerging in the Chinese market. Some signals indicate that speculative activities are making a comeback: factory orders have improved somewhat, but these orders mainly come from traders, not end consumers. Given the scenario […]
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ISHIHARA SANGYO KAISHA, LTD. and its affiliates have announced on 25 Jun. a price increase of TIPAQUETM titanium dioxide (TiO2) by US$200 per metric ton in the Asia-Pacific region effective as from July 1st, 2024.
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WILMINGTON, Del.–(BUSINESS WIRE)–Jun 24, 2024– The Chemours Company (“Chemours” or “the Company”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced that the Mexican government has lifted its prior water intake restrictions, enabling the Company to resume normal operations at its […]
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