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News Flash
Huntsman boosts TIOXIDE pigments price by €80/mt
23 Jan '08
1 min read
The Pigments business of Huntsman Corporation announced that it will increase prices of all TIOXIDE titanium dioxide pigments in Europe by €80 per metric ton, effective from 18th January 2008.
This increase is in addition to the previous increase announced on 17th October 2007.
Huntsman said that whilst the Titan programme is delivering productivity and efficiency improvements, the scale, magnitude and volatility of input cost increases are at unprecedented levels and the business cannot continue to absorb the costs.
Simon Turner, Sales Vice President of Huntsman Pigments said that Huntsman urgently needs to pass on these increases to avoid further erosion of profitability and that this will be discussed in more detail by a Huntsman sales representative with individual customers.
This increase is in addition to the previous increase announced on 17th October 2007.
Huntsman said that whilst the Titan programme is delivering productivity and efficiency improvements, the scale, magnitude and volatility of input cost increases are at unprecedented levels and the business cannot continue to absorb the costs.
Simon Turner, Sales Vice President of Huntsman Pigments said that Huntsman urgently needs to pass on these increases to avoid further erosion of profitability and that this will be discussed in more detail by a Huntsman sales representative with individual customers.
Huntsman Corporation
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