Cristal Global Announces TiO₂ Price Increases

JEDDAH, SAUDI ARABIA and HUNT VALLEY, MD USA (8^th, August, 2011) –

Cristal Global (Cristal) announced today that effective September 1^st, 2011, or as contracts allow, prices on all plastics and laminate grades of Tiona® titanium dioxide (TiO₂) products sold in North American markets will increase by US ten cents per pound.

This increase is in addition to previous announcements.

Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs nearly 3,700 people worldwide.

www.cristalglobal.com

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.