WILMINGTON, Del., Aug. 1 /PRNewswire-FirstCall/ -- DuPont Titanium Technologies today announced an energy surcharge for DuPont (TiO2) Ti-Pure(R) RPS Vantage(R) titanium dioxide products sold in North America.
Effective August 1, 2008, a six cent per pound (US$0.06/lb) energy surcharge will be added to all Ti-Pure(R) RPS Vantage(R) products sold, in North America (United States and Canada).
"Our costs are at historically high levels and continue to escalate," said Ian Edwards, global business director for DuPont Titanium Technologies. "So, we have no choice but to impose an energy surcharge in addition to the one we announced on June 4, 2008. The rising price of energy continues to be a key contributor to the higher costs our business is experiencing." DuPont Titanium Technologies is the world's largest manufacturer of titanium dioxide, serving customers globally in the coatings, paper and plastics industries. The company operates plants at DeLisle, Miss.; New Johnsonville, Tenn.; Edge Moor, Del.; Altamira, Mexico; and Kuan Yin, Taiwan; all of which use the chloride manufacturing process. The company also operates a plant in Uberaba, Brazil, for finishing titanium dioxide and a mine in Starke, Fla. Technical service centers are located in Uberaba, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Ulsan, Korea; Shanghai, China; and Wilmington, Del., to serve the Latin American, European, Middle Eastern, Asian and North American markets.
DuPont (NYSE:DD)is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
Contact: Maureen P. Roberts
302-999-2217
DATASOURCE: DuPont Titanium Technologies CONTACT: Maureen P. Roberts of DuPont Titanium Technologies, +1-302-999-2217, Web site: http://www.titanium.dupont.com/
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