JEDDAH,
SAUDI ARABIA and HUNT VALLEY, MD USA (December 13, 2011) – Cristal
Global (Cristal) announced today that it will increase prices on all of
its anatase and rutile Tiona® and Cristal titanium dioxide (TiO2)
products sold in Europe, the Middle East, Africa, Latin America and the
Asia Pacific sub-regions effective January 1, 2012 or as contracts
allow:
- In Eastern and Western Europe, including Turkey: Cristal will increase prices on all of its anatase and rutile Tiona® and Cristal titanium dioxide (TiO2)
products sold in Eastern and Western Europe, including Turkey, by a
minimum of €250 per metric ton and in Russia, the CIS countries and
other European US Dollar markets by a minimum US $300 per metric ton.
Previously announced price premiums up to €150 (Euro markets) or US $200
(US Dollar markets) per metric ton will continued to be applied to
plastic and laminate grades sold in these markets.
- In the Middle East and Africa: Prices for all anatase and rutile Tiona® and Cristal titanium dioxide (TiO2)
products sold into the Middle East and African markets will increase by
US $300 per metric ton and in North Africa by a minimum of €250 per
metric ton.
- In Asia Pacific: Prices for all Tiona® and Cristal titanium dioxide (TiO2) products sold in the Asian markets will increase by US $250 per metric ton. In Oceania, prices for all Tiona® and Cristal titanium dioxide (TiO2)
products will increase by Australian $250 per metric ton or by US $250
per metric ton in the US Dollar markets. Previously announced price
premiums up to US $200 will be continue to be applied to sales of
specialized grades sold within the Asia Pacific region.
- In Latin America: Prices for all Tiona® and Cristal titanium dioxide (TiO2)
products sold in Latin America will increase up to US $300 per metric
ton. Previously announced premiums for plastics grades will remain in
effect.
These increases are in addition to earlier announcements.