WILMINGTON, Delaware, June 4 /PRNewswire/ --
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure(R) titanium dioxide grades sold in Europe, Middle East and Africa regions. Effective July 1, or as permitted by contract, prices for all DuPont titanium dioxide grades will increase by 50 Euros per tonne in all Euro markets and by US$200 per tonne in the Middle East, Sub-Sahara Africa and Eastern European markets. The increase will be implemented in two increments: US$100 per tonne effective July 1, and US$100 per tonne effective October 1, 2008.
In addition, effective July 1, DuPont Titanium Technologies will apply a 40 Euros per tonne energy surcharge to all titanium dioxide grades sold in Western and Central Europe, Turkey, Greece and North Africa (Maghreb countries). "Given the current market dynamics we face in all the Euro markets, implementing an energy surcharge is a necessity in these markets," said Luis Rebollar, managing director -- DuPont Titanium Technologies Europe, Middle East and Africa.
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 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, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, 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 +1-302-999-2361 kimberlie.a.lantz@usa.dupont.com
Web site: http://www.titanium.dupont.com
Kimberlie A. Lantz of DuPont Titanium Technologies, +1-302-999-2361, kimberlie.a.lantz@usa.dupont.com
