Cristal Global Announces TiO2 Price Increase in Europe
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JEDDAH, Saudi Arabia & HUNT VALLEY, Md.--(Business Wire)-- Cristal Global (Cristal) announced today that it will increase prices on all of its anatase and rutile Tiona(R) and Cristal titanium dioxide (TiO2) products sold in the Europe region by EUR 50 per metric ton on July 1, 2008, or as contracts allow. These price increases are required to partially offset the unprecedented increases in raw material, energy and transportation costs which have severely impacted the profitability and sustainability of the TiO2 business. These increases are in addition to previously announced price increases. Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs more than 3,500 people worldwide. www.cristalglobal.com Cristal Global Amy N. Drusano Manager - Corporate Communications +1-410-229-8062 Copyright Business Wire 2008
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