GREY:ARGEF - Post by User
Post by
juanito1on Jun 30, 2014 10:15am
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Post# 22705114
PPG TiO2 North American Usage
PPG TiO2 North American UsageHmmm. now let me see...PPG just bought one of the largest paint producers and distributors in Mexico (Comex) for $1 Billion. We know that with the purchase of Akzo NA division their TiO2 Usage was around 80,000 tons per year...This would make their usage in NA around 120,000 tons. So they pay currently around $3300/ton or $396 Million for their NA TiO2. So lets say the Argex plant runs poorly and can produce it at $1500/ton not $1000/ton which is projected...That would be a savings of $216 Million.....Just a thought!!!!