OKLAHOMA CITY – Tronox Inc., on behalf of its subsidiary companies, has announced price increases for all TRONOX® titanium dioxide (TiO2) grades sold in Europe, Africa and the Middle East.
The following price increases will be effective Sept. 1, 2008, or as contracts allow: EUR 50 per tonne in all Euro markets and U.S. $150 per tonne in the Middle East, Africa and Eastern Europe. Other increases may be announced locally within each region.
These increases are in addition to all previously announced price increases for these regions and are the next step toward partially offsetting the extraordinary increases in freight, energy and other input costs that the TiO2 industry has absorbed over the last two years.