JEDDAH, SAUDI ARABIA and BAAR, SWITZERLAND (December 22, 2016) – Cristal announced today that effective January 01, 2017, or as contracts allow, prices on all TiONA® and TiKON™ titanium dioxide (TiO2) products will increase in North America by US$0.06/lb. This increase is in addition to previously announced price increases.
Cristal is one of the largest producers of titanium dioxide and a leading producer of titanium chemicals. Cristal is the world’s leading supplier of ultrafine titanium dioxide products and titanium chemicals and is a fast-growing producer of mineral sands and titanium metal powder. Cristal operates eight manufacturing plants in seven countries on five continents and employs nearly
3,400 people worldwide.
Cristal is owned 79% by Tasnee, a listed Saudi joint stock company and 20% by Gulf Investment Corporation, a company equally owned by the six states of the Gulf Cooperation Council and headquartered in Kuwait.