See more news releases in: Mining & Metals
Tronox Announces Increases in Titanium Dioxide Prices
OKLAHOMA CITY, Dec. 6 /PRNewswire-FirstCall/ -- Tronox Incorporated
(NYSE: TRX, TRX.B), on behalf of its subsidiary companies, today announced
price increases for all TRONOX(R) titanium dioxide grades sold in the Asia-
Pacific region. Effective Jan. 15, 2008, or as contracts allow, TRONOX(R)
grades sold in the Asia-Pacific region will increase by US$150 per tonne.
Other increases may be announced locally within each region.
This increase is in addition to the previously announced price
increases in the Asia-Pacific region and is needed to help offset the
escalating input costs and support margins and reinvestment required to
meet the needs of our global customers.
Headquartered in Oklahoma City, Tronox is the world's third-largest
producer and marketer of titanium dioxide pigment, with an annual
production capacity of 642,000 tonnes. Titanium dioxide pigment is an
inorganic white pigment used in paint, coatings, plastics, paper and many
other everyday products. The company's five pigment plants, which are
located in the United States, Australia, Germany and the Netherlands,
supply high-performance products to approximately 1,100 customers in 100
countries. In addition, Tronox produces electrolytic products, including
sodium chlorate, electrolytic manganese dioxide, boron trichloride,
elemental boron and lithium manganese oxide. For information on Tronox,
visit http://www.tronox.com.
Forward-Looking Statements: Some information in this news release
regarding the company's or management's intentions, beliefs or
expectations, or that otherwise speak to future events, are
"forward-looking statements" within the meaning of Section 27A of the
Securities Exchange Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include those statements preceded by, followed by or that
otherwise include the words "believes," "will," "expects," "anticipates,"
"intends," "estimates," "projects," "target," "budget," "goal," "plans,"
"objective," "outlook," "should," or similar words. Future results and
developments discussed in these statements may be affected by numerous
factors and risks, such as the accuracy of the assumptions that underlie
the statements, the market value of Tronox's products, demand for consumer
products for which Tronox's businesses supply raw materials, the financial
resources of competitors, changes in laws and regulations, the ability to
respond to challenges in international markets, including changes in
currency exchange rates, political or economic conditions in areas where
Tronox operates, trade and regulatory matters, general economic conditions,
and other factors and risks identified in the Risk Factors Section of
Tronox's Annual Report on Form 10-K and Form 10-Q, as filed with the U.S.
Securities and Exchange Commission (SEC), and other SEC filings. Actual
results and developments may differ materially from those expressed or
implied in this news release. The company does not undertake to update
forward-looking statements to reflect the impact of circumstances or events
that arise after the date the forward-looking statement was made. Investors
are urged to consider closely the disclosures and risk factors in Tronox's
Annual Report on
Form 10-K available on Tronox's website, http://www.tronox.com. This
also can be obtained from the SEC by calling 1-800-SEC-0330.
Media Contact: Debbie Schramm
Direct: 405-775-5177
Cell: 405-830-6937
debbie.schramm@tronox.com
Investor Contact: Robert Gibney
Direct: 405-775-5105
robert.gibney@tronox.com
SOURCE Tronox Incorporated
Back to top
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
PR Newswire Membership
Fill out a PR Newswire membership form or contact us at (888) 776-0942.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.
Featured Video
More in These Categories
Journalists and Bloggers
![]()
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Free Investing Newsletter from Investor Uprising!
Learn to navigate the world's financial system and profit from leading companies.
Register for Investor Uprising, the people's investment site, for a free weekly newsletter, information, education and premium research including our latest IU Confidential Report - "All The Glitters: The Ultimate Gold Report".
