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Cristal Global increases chemical export prices

January 11/2011

(Arabian Oil and Gas) -- Cristal Global (Cristal), a subsidiary of Saudi Tasnee, announced that it will increase prices on all of its chloride rutile grade Tiona and Cristal titanium dioxide (TiO2) products sold in Latin America by up to US$200 per metric tonne in all countries across the region effective as of February 1st, 2011, or as permitted by contract. This price increase is in addition to previously announced price increases.

In November, the company said that it increased prices for all its TiO2 products in the Middle East and Africa by $200 per tonne.

Cristal Global is the world's second-largest producer of titanium dioxide and a producer of titanium chemicals. Saudi based Tasnee National controls 66% of the company. Cristal Global operates eight manufacturing plants in six countries on five continents. Cristal Global provides products and services for a variety of industries including coatings, polymers and pigments.


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