The Pigments division of Huntsman Corporation announced that it will increase prices of all TIOXIDE titanium dioxide pigments sold in Asia Pacific by $200/te (USD) effective from 1st of September 2008 or as applicable contracts allow.
Despite efficiency improvements and ongoing cost reduction programmes, Huntsman said that the price increases are necessary to address the significant increases in costs of primary input chemicals, energy and freight affecting our industry.
Huntsman is a global manufacturer and marketer of differentiated chemicals.