With additional price increases expected from Chinese producers, some delegates at IM23 are skeptical that the recent spate of price announcements are being accepted by pigment customers. Although a number of pigment companies have announced price increases this year, some market participants are not convinced that these are being implemented in their entirety. Delegates on […]
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Entries by jolamptey
China has launched a huge One Belt, One Road strategy to linking its industrial overcapacity with the populations of some 50 countries across Asia, Africa and Europe. The project enhances distribution of China’s products including TiO2 to hundreds of millions of potential consumers around the world. In fact, the railroad across Asia to Europe and […]
TiPMC still considers the Chemours’ goal of US$500M in base cost reduction plus EBITA from new products to be a difficult challenge. Some key points have to be explored to fully understand the implications of the cost reduction plan: • R&D would nearly grind to a halt. • Only large payback programs would be justified. […]