Painting & Coating Industry (PCI) logo Powder coating summit logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Join Today
  • Sign Out
  • My Account
Painting & Coating Industry (PCI) logo Powder coating summit logo
  • NEWS
    • Latest News
    • PCI News Now
    • Market Trends & Reports
    • Finishing News
    • Price Alerts
    • Global Top 10/ PCI 25
  • PRODUCTS
    • Product News
    • Featured Products
    • Must See Products and Services
  • MATERIALS
    • Additives
    • Resins/Polymers
    • Pigments
    • Equipment
    • Distributors
  • TECHNOLOGIES
    • Adhesives
    • Architectural Coatings
    • Finishing Articles
    • Finishing Technologies
    • Finishing Equipment
    • Industrial Coatings
    • Nanotechnology
    • Powder Coatings
    • Solventborne
    • Special Purpose Coatings
    • Sustainability
    • UV Coatings
    • Waterborne
  • EVENTS
    • Coatings Trends & Technologies Summit
    • Paint and Coatings Academy
    • Webinars
    • Calendar of Events
    • Lifetime Achievement Award
  • DIRECTORIES
    • Buyer's Guide
    • Equipment Directory
    • Materials Directory
  • RESOURCES
    • Columns
      • Did you know?
      • Distribution Dive
      • Formulating With Mike
      • Innovation Insights
      • Powder Coating Perspectives
      • TiO2 Insider
    • Blogs
      • Editor's Viewpoint
      • Industry Insights
    • Coatings Supplier Handbook
    • COAT-IT! Podcast
    • Videos
    • PCI Store
    • eBooks
    • Sponsor Insights
  • EMAGAZINE
    • eMagazine
    • Archive Issues
    • Editorial Advisory Board
    • CONTACT
    • Advertise
  • JOIN!
Breaking News

Tronox Inc. Reports Preliminary Second-Quarter Earnings

August 4, 2008

Oklahoma City – Tronox Inc. has reported a preliminary loss from continuing operations for the 2008 second quarter of $29.9 million ($0.73 per diluted common share), compared with a loss from continuing operations for the 2007 second quarter of $20.0 million ($0.49 per diluted common share). The decrease in the 2008 second-quarter results compared to the prior-year period was primarily due to significant increases in process chemical, energy and transportation costs; unplanned production difficulties at the company’s Uerdingen, Germany, and Kwinana, Western Australia, titanium dioxide (TiO2) plants; a non-cash impairment charge related to goodwill of $13.5 million ($0.33 per share pretax); and a restructuring charge of $4.2 million ($0.10 per share pretax). These were partially offset by increased sales, lower SG&A and gain on land sales of $12.4 million ($0.30 per share pretax). In addition, the company recorded a tax benefit in the 2008 second quarter versus a tax provision in the prior-year period.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • Double exposure of creative chemistry concept on laptop background, research and development concept

    Inside the AI Shift in Coatings

    Industry leaders share real-world examples of how AI is...
    Paint and Coating Pigments
    By: PCI Editorial Staff
  • Global Top 10 and PCI Logo

    2026 Global Top 10: Top Paint and Coatings Companies

    See how the world’s largest paint and coatings companies...
    Global Top 10 and PCI 25
    By: Courtney Bassett
  • The 2026 PCI 25

    2026 PCI 25: Top Paint and Coatings Companies

    See how North America's largest paint and coatings...
    Global Top 10 and PCI 25
    By: Courtney Bassett
You must login or register in order to post a comment.

Report Abusive Comment

Manage My Account
  • Join Paint & Coatings Industry
  • Manage My Preferences
  • Customer Service

More Videos

Popular Stories

industry news

Dozens Treated After Toledo Chemical Release

Mergers and aquisitions

Evonik Declines BASF Negotiations

Lincoln Memorial Pool Coating

Inspection Report Finds at Least 85 Reflecting Pool Liner Failure Locations

Events

November 5, 2026

Advancing Polyester Powder Coatings: Breakthroughs in Flexibility and Low-Cure Performance

Join us to learn how to improve coating durability while keeping your manufacturing process efficient. Explore the latest advancements in polyester powder coating technology.

November 11, 2026

ChinaCoat

CHINACOAT2026 returns to Guangzhou this year. Welcome to exhibit, visit and join the annual industry gathering!

View All Submit An Event

Products

Powder Coatings - Foundation for the Novice Formulator (ebook)

Powder Coatings - Foundation for the Novice Formulator (ebook)

See More Products
PCI news now promo ad

Related Articles

  • OMNOVA Solutions Reports Improved Second-Quarter Earnings

    See More
  • DuPont Delivers Strong Second-Quarter Earnings

    See More
  • Market-Reports (1)

    Evonik Releases Preliminary Second Quarter Financial Results

    See More
×

Keep the info flowing with our eNewsletters!

Get the latest industry updates tailored your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Manufacturing Division
  • JOIN TODAY
    • Create Account
    • eMagazine
    • Newsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey & Sample
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Youtube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing