PPG “not anticipating TiO2 price rises”
By SIOBHAN LISMORE-SCOTT
Published: Friday, 18 July 2014
The indication that TiO2 prices are not expected to increase, made by one of the world’s largest paint producers, will chill the bones of many mineral sands producers, as most have been predicting that prices will start to creep up. However, as Bunch point outs, demand for coatings is increasing globally.
Paints and coatings producer PPG Industries said during a conference call that it did not anticipate any price rises in titanium dioxide (TiO2).
“For TiO2, we didn’t see much movement between the first and second quarter and we are really not anticipating any movements up,” CEO Chuck Bunch told listeners...