Titanium dioxide

The Chemours Company Temporarily Pauses Titanium Dioxide Production at Altamira, Mexico Site Amid Severe Regional Drought

Retrieved on: 
Samstag, Juni 1, 2024
Chemicals, Plastics, Mining, Minerals, Environment, Manufacturing, Natural Disasters, Natural Resources, Government, Chemours, Titanium dioxide, CC

As a result of the severe drought impacting much of Mexico, The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, today announced it is complying with a request from the government to temporarily minimize water intake, which has led to a pause in production at its Altamira Titanium Dioxide (TiO2) manufacturing facility to conserve water for the surrounding communities.

Key Points: 
  • As a result of the severe drought impacting much of Mexico, The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, today announced it is complying with a request from the government to temporarily minimize water intake, which has led to a pause in production at its Altamira Titanium Dioxide (TiO2) manufacturing facility to conserve water for the surrounding communities.
  • Chemours remains committed to serving customers through its other world class assets.
  • We are working closely with government, business, and community partners to identify and implement short-and long-term solutions.
  • At this time, Chemours cannot predict this event’s duration due to the uncertainty of the factors outside of its control.

VALHI ANNOUNCES QUARTERLY CASH DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Retrieved on: 
Donnerstag, Mai 23, 2024
Titanium dioxide, VHI

Dallas, Texas, May 23, 2024 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 27, 2024 to stockholders of record at the close of business on June 10, 2024.

Key Points: 
  • Dallas, Texas, May 23, 2024 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 27, 2024 to stockholders of record at the close of business on June 10, 2024.
  • Valhi also announced that at its annual stockholder meeting held on May 23, 2024, its stockholders:
    elected each of Thomas E. Barry, Loretta J. Feehan, Terri L. Herrington, W. Hayden McIlroy, Gina A. Norris, Michael S. Simmons and Mary A. Tidlund as a director for a one-year term; and
    adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual stockholder meeting.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

NL INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL SHAREHOLDER MEETING

Retrieved on: 
Donnerstag, Mai 16, 2024
NL Industries, Titanium dioxide

Dallas, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:  NL) announced that its board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 25, 2024 to shareholders of record at the close of business on June 10, 2024.

Key Points: 
  • Dallas, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:  NL) announced that its board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 25, 2024 to shareholders of record at the close of business on June 10, 2024.
  • NL Industries also announced that at its 2024 annual shareholder meeting held today its shareholders had:
    elected each of Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley and Michael S. Simmons as a director for a one-year term; and
    adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual shareholder meeting.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

VALHI REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Donnerstag, Mai 9, 2024
Corporation, Chemical substance, Cyberattack, Titanium dioxide, Average cost, Safety, Health, Zinc, Biophysical environment, Gross domestic product, Insurance, Environment, Steel, VHI, Aluminium, Property, Government, Risk management

The Chemicals Segment’s net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.

Key Points: 
  • The Chemicals Segment’s net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.
  • The Chemicals Segment’s TiO2 sales volumes were 28% higher in the first quarter of 2024 as compared to the first quarter of 2023.
  • Average TiO2 selling prices were 11% lower in the first quarter of 2024 as compared to the first quarter of 2023.
  • TiO2 production volumes were 15% higher in the first quarter of 2024 compared to the first quarter of 2023.

KRONOS WORLDWIDE, INC. REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Mittwoch, Mai 8, 2024
KRO, Titanium dioxide, Safety, Depreciation, Health, Software, Gross domestic product, Insurance, Environment, GAAP, Risk management

Net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.

Key Points: 
  • Net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.
  • TiO2 sales volumes were 28% higher in the first quarter of 2024 as compared to the first quarter of 2023.
  • Average TiO2 selling prices were 11% lower in the first quarter of 2024 as compared to the first quarter of 2023.
  • TiO2 production volumes were 15% higher in the first quarter of 2024 compared to the first quarter of 2023.

NL REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Mittwoch, Mai 8, 2024
Corporation, Titanium dioxide, Safety, Health, Zinc, Gross domestic product, Hurricane Laura, Environment, NL Industries, Steel, Aluminium, Government, Interest, Risk management

Dallas, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $6.8 million, or $.14 per share, in the first quarter of 2024 compared to a net loss attributable to NL stockholders of $6.7 million, or $.14 per share, in the first quarter of 2023.

Key Points: 
  • Dallas, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $6.8 million, or $.14 per share, in the first quarter of 2024 compared to a net loss attributable to NL stockholders of $6.7 million, or $.14 per share, in the first quarter of 2023.
  • NL results include an unrealized gain of $2.4 million in the first quarter of 2024 related to the change in value of marketable equity securities compared to an unrealized loss of $5.5 million in the first quarter of 2023.
  • NL recognized equity in earnings of Kronos of $2.5 million in the first quarter of 2024 compared to equity in losses of Kronos of $4.6 million in the first quarter of 2023.
  • TiO2 sales volumes were 28% higher in the first quarter of 2024 as compared to the first quarter of 2023.

IperionX Partners With United Stars for U.S. Sourced Titanium Manufacturing

Retrieved on: 
Montag, April 15, 2024
Machine Tools, Metalworking & Metallurgy, Other Natural Resources, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Machinery, Sale, United, Titanium dioxide, Mineral, General Electric, Framework, ASX, Partnership, IPX, Original equipment manufacturer, Titanium, BorgWarner, General Motors, Corrosion, BAE Systems, Lockheed Martin, Lucid Motors, Multimedia

IperionX Limited (NASDAQ: IPX, ASX: IPX) has signed a framework agreement with United Stars Holdings, Inc. (United Stars) with terms that will underpin a definitive commercial supply agreement for IperionX’s titanium products.

Key Points: 
  • IperionX Limited (NASDAQ: IPX, ASX: IPX) has signed a framework agreement with United Stars Holdings, Inc. (United Stars) with terms that will underpin a definitive commercial supply agreement for IperionX’s titanium products.
  • United Stars expects to purchase up to 80 metric tons annually of IperionX’s high-performance, low cost and sustainable titanium products over a 10-year supply term.
  • An expanded list of United Stars customers can be found in the “About United Stars” section at the end of this announcement.
  • The Framework Agreement is effective from April 12, 2024 until the execution of the definitive titanium supply agreement, and can be cancelled by IperionX or United Stars with 60 days written notice.

Uber Freight Accelerates Across Europe, with 100% growth YOY of Managed Transportation Services and 200 Million EUR Freight Under Management (FUM)

Retrieved on: 
Dienstag, März 12, 2024
GLEC, Growth, Powder, Transport, Partnership, TMS, HVO, Carbon footprint, Software, Carbon, Aerosol, CO2, McBride plc, FUM, Titanium dioxide, Food delivery

This fuels Uber Freight's global momentum, as the company now has surpassed $18 billion in freight under management worldwide, showcasing the extensive reach of its software and services.

Key Points: 
  • This fuels Uber Freight's global momentum, as the company now has surpassed $18 billion in freight under management worldwide, showcasing the extensive reach of its software and services.
  • The European logistics market, which is expected to reach 1.17 trillion EUR by 2029 , is growing in both size and complexity.
  • Data-driven partnership: Going beyond technology, McBride and Uber Freight collaborate to optimise processes, troubleshoot challenges, and continuously improve logistics performance.
  • Kronos selected Uber Freight as their strategic global supply chain partner for their European business, with a strong focus on advancing sustainability goals.

The Chemours Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mittwoch, März 27, 2024
Technology, Construction & Property, Semiconductor, Automotive, Engineering, Chemicals, Plastics, Other Automotive, Manufacturing, Machine Tools, Metalworking & Metallurgy, Other Construction & Property, Immersion, EUR, Corteva, Advanced Materials, Absorption, Growth, PFAS, Segment, TSS, Intermediate 1, Form, District court, Webcast, Capital expenditure, Electronics, Accounting, Public expenditure, Capital, Judgement, Adjustment, APM, Event, USD, Titanium dioxide, Drinking water, Corporation, Fine chemical

APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.

Key Points: 
  • APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.
  • Performance Solutions portfolio’s fourth quarter 2023 Net Sales were $134 million, up 11% vs. the prior-year quarter.
  • Advanced Materials portfolio’s fourth quarter 2023 Net Sales were $191 million, down 27% vs. the prior-year quarter.
  • For the first quarter 2024, we expect consolidated Net Sales to be flat to slightly down sequentially, with consolidated Adjusted EBITDA down approximately 10% compared with fourth quarter 2023 results.

VALHI REPORTS FOURTH QUARTER 2023 RESULTS

Retrieved on: 
Donnerstag, März 7, 2024
BWC, Zinc, VHI, Aluminium, Biophysical environment, Average cost, Chemical substance, Sale, Government, Gross domestic product, Property, Health, Safety, Bankruptcy, Titanium dioxide, Steel, United States bankruptcy court, Workforce, Development, Corporation, Cyberattack, Water, Insurance, Risk management

Net income attributable to Valhi stockholders increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher operating results from all of our segments.

Key Points: 
  • Net income attributable to Valhi stockholders increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher operating results from all of our segments.
  • The Chemicals Segment’s TiO2 sales volumes were 29% higher in the fourth quarter of 2023 as compared to the fourth quarter of 2022 and 13% lower in the full year of 2023 as compared to the full year of 2022.
  • Average TiO2 selling prices were 11% lower in the fourth quarter of 2023 as compared to the fourth quarter of 2022 and 4% lower in the full year of 2023 as compared to the full year of 2022.
  • TiO2 production volumes were 15% higher in the fourth quarter of 2023 compared to the fourth quarter of 2022 but 19% lower in the full year of 2023 compared to the full year of 2022.