Dow Targets High Pigment Prices With Resins
Sep10

Dow Targets High Pigment Prices With Resins

Today, a story I wrote on the on fortunes of the TiO2 market appears in the current edition of C&EN. TiO2 is the white pigment that gives paint its hiding power. If you ever labored applying coat after coat of white paint on a wall in vain trying to cover up a red finish that refuses to die with dignity, then the manufacturer of the paint you have chosen probably skimped on the TiO2. (It isn’t your fault. Actually, it is, you...

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PPG Looks To Secure Titanium Dioxide

At an analyst meeting this week in New York City, PPG Industries chief technology officer Charles F. Kahle II announced that his company was looking to partner with a TiO2 producer. Here’s the context: supplies of TiO2 white pigments and the ores that are used to produce them are exceedingly tight. This has prompted Tronox to merge with the South African mineral sands producer Exxaro and is the reason Saudi Arabia’s Cristal is...

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Notes On Tronox/Exxaro
Sep30

Notes On Tronox/Exxaro

This week saw a good old fashioned back-integration deal in the chemical industry. I wrote a C&EN Latest News on the merger of Tronox with Exxaro’s Mineral Sands unit that includes the essential details. Not every factoid can make it into limited space, thus here are a few more observations: Tronox’s back-integration isn’t unique. DuPont runs mining operations near Jacksonville Florida. Cristal, which is largely the former...

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Crisis Over For Dow

Fitch Ratings has raised its outlook on Dow Chemical’s ‘BBB’ credit rating from negative to stable. The change is as incremental as it gets. It merely suggests that the company is no longer in imminent danger of a credit downgrade. But for Dow Chemical, it is a little like the Bulletin of Atomic Scientists shaving a minute off the Doomsday Clock. The company, beaming from the news, forwarded the Fitch press release to me. “Our credit...

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