Global titanium dioxide market or will continue to improve

Moody's Investors Service said that with the U.S. and Europe slow recovery of premises and construction, titanium dioxide began to demand exceeds supply, in 2013, titanium dioxide market or will continue to remain strong.
By: bango
 
Jan. 17, 2012 - PRLog -- Moody's Investors Service said that with the U.S. and Europe slow recovery of premises and construction, titanium dioxide began to demand exceeds supply, in 2013, titanium dioxide market or will continue to remain strong.

Moody's Investors Service said the first quarter of 2011, prices of titanium dioxide rose by 35%, this year will continue to rise. Titanium dioxide prices rose far more than the input costs increase, the industry profit natural increase.

Driven by rapid development in the automotive industry and global industrial production, titanium dioxide market accelerated a recovery in 2010. Some major companies, such as DuPont, Huntsman, Rio Tinto and Kenmare Resources, have been in the expansion. DuPont plans to spend over $ 500 million new plant in Mexico.

During the Economic crisis period, some of the titanium dioxide plant was forced to stop production, with the manufacturing recovery, titanium dioxide market in short supply situation.
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