DuPont Titanium Technologies Wednesday said it will increase prices in Asia Pacific for all DuPont titanium dioxide grades.
Effective August 15, 2006, or as permitted by contract, prices for all titanium dioxide grades will increase $100 per tonne in Asia Pacific.
The increase is supported by market dynamics and significant increases in raw material, energy and fuel costs, as well as reinvestment economics to meet future customer needs, the company said. Other regional increases will be announced directly within the local regions.
DuPont Titanium is the world's largest manufacturer of titanium dioxide, serving customers in the coatings, paper and plastics industries. This business unit of DuPont 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. Also operated by this business unit is a plant in Uberaba, Brazil, for finishing titanium dioxide and a mine in Starke, Fla.Wednesday's announcement follows word in late June that the company was increasing prices in Europe for all DuPont titanium dioxide grades by $130 Euros per tonne.