Argaam
Cristal Global announced -66%-owned by National Industrialization Co. which listed on the Saudi stock market- it had decided to raise price of a titanium dioxide in South American markets and Mexico with100$ per tonne.
The company said in a statement that this increase will begin on 1 March to be added to increases that were advertised earlier in the same markets.
This increase comes in the wake of several increases announced by the company for the rest of the market that operates (Asia, North America, Middle East, Africa, Europe and South America).
Note that cristal company is the second largest producer of titanium dioxide in the world, as they are running 8 manufacturing units in six countries spread over the five continents and employs about 4,000 employees.
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