July 20, 2009 (FinancialWire) — Tronox Inc. (OTC: TRXAQ) said it will raise the price for all Tronox titanium dioxide grades effective August 1, or as contracts allow.

For the Europe, Middle East and Africa markets, the company is imposing an increase of €100 per ton, or $150 per ton in U.S. dollar markets. The increase in the U.S. and Canada will be $0.03 per pound.

Tronox said that the increases are in addition to previous price hikes in these regions, and that other increases may be imposed locally within each region.

Oklahoma City-based Tronox is a producer and marketer of titanium dioxide pigment, with an annual production capacity of 535,000 tons.

Titanium dioxide pigment is an inorganic white pigment used in paint, coatings, plastics, paper and many other everyday products. The company’s five pigment plants, which are located in the United States, Australia, the Netherlands, supply high-performance products to around 1,100 customers in 100 countries.

Tronox also produces electrolytic products, including sodium chlorate, electrolytic manganese dioxide, boron trichloride, elemental boron and lithium manganese oxide.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.