OKLAHOMA CITY, Dec. 21,
2011/PRNewswire/ -- Tronox Incorporated, on behalf
of its subsidiary companies, today announced the following
price increase for all TRONOX® titanium dioxide (TiO2)
grades:
Effective January 1, 2012or as contracts
allow:
-
North America$0.15per pound
These increases are in addition to those previously
announced. Other increases may be announced locally within
each region.
Headquartered in Oklahoma City, Tronox is one
of the largest global producers and marketers of titanium
dioxide pigment. Titanium dioxide pigment is an
inorganic white pigment used in paint, coatings, plastics,
paper and many other everyday products. The
company's pigment plants, which are located in
the United States, Australiaand
the Netherlands, supply high-performance
products to approximately 1,000 customers in 90
countries. In addition, Tronox produces electrolytic
products, including sodium chlorate, electrolytic manganese
dioxide, boron trichloride, elemental boron and lithium
manganese oxide. For information on Tronox, visit .
Forward-Looking Statements: Some information in this
news release regarding the company's or
management's intentions, beliefs or expectations, or
that otherwise speak to future events, are
"forward-looking statements" within the meaning
of Section 27A of the Securities Exchange Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These forward-looking statements
include those statements preceded by, followed by or that
otherwise include the words "believes,"
"will," "expects,"
"anticipates," "intends,"
"estimates," "projects,"
"target," "budget," "goal,"
"plans," "objective,"
"outlook," "should," or similar
words. Future results and developments discussed in
these statements may be affected by numerous factors and
risks, such as the accuracy of the assumptions that
underlie the statements, the market value of Tronox's
products, demand for consumer products for which
Tronox's businesses supply raw materials, the financial
resources of competitors, the market for debt and/or equity
financing, changes in laws and regulations, the ability to
respond to challenges in international markets, changes in
currency exchange rates, political or economic conditions
in areas where Tronox operates, trade and regulatory
matters, general economic conditions, and other factors and
risks identified in the Risk Factors Section of
Tronox's Annual Report on Form 10-K for the year ended
December 31, 2007, and subsequent Quarterly
Reports on Form 10-Q, as filed with the U.S.
Securities and Exchange Commission (SEC), and other SEC
filings. Actual results and developments may differ
materially from those expressed or implied in this news
release. The company does not undertake to update
forward-looking statements to reflect the impact of
circumstances or events that arise after the date the
forward-looking statement was made. Investors are
urged to consider closely the disclosures and risk factors
in Tronox's Annual Report on Form 10-K for the year
ended December 31, 2007, available on
Tronox's website, . This also can be obtained
from the SEC by calling 1-800-SEC-0330.
CONTACT: Michael Smith
Office
- 405-775-5413
SOURCE Tronox Incorporated