Kronos Worldwide, Inc. News
Kronos Worldwide, Inc. Announces a New Energy and Raw Materials Related Surcharge and a New Price Increase for All Titanium Dioxide Products Sold in Europe
CRANBURY, N.J., June 25 PRNewswire-FirstCall — Kronos Worldwide, Inc. (NYSE: KRO) announced a new energy and raw materials related surcharge and a new price increase for all titanium dioxide grades sold in Europe including Eastern Europe.
— Effective July 15, 2008 a surcharge of 40 Euro per metric ton will be added to all European invoices for all Kronos titanium dioxide products. This is a new energy and raw materials related surcharge and is in addition to the 40 Euro per metric ton surcharge implemented on June 9, 2008.
— Effective August 1, 2008 or as contracts permit, prices for all Kronos titanium dioxide pigments sold in Europe will be increased by 50 Euro per metric ton. This is a new price increase and is in addition to the previously announced increase of 50 Euro per metric ton effective June 15, 2008
Kronos Worldwide, Inc. is a major international producer of titanium dioxide pigments.
SOURCE Kronos Worldwide, Inc.
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