Tronox Inc., on behalf of its subsidiary companies, has announced price increases for all TRONOX® titanium dioxide (TiO2) grades sold in Europe, Africa and the Middle East.
The following price increases will be effective July 1, 2008, or as contracts allow: EUR 50 per tonne in all Euro markets, and U.S. $100 per tonne in the Middle East, Africa and Eastern Europe. Other increases may be announced locally within each region.
In addition, Tronox announced a EUR 40 per tonne energy surcharge for all TRONOX titanium dioxide grades sold in Europe. The effective date will be July 1, 2008. This surcharge is the next step in Tronox’s efforts to partially offset the unprecedented increases in the company’s costs.