Venator Materials Reviews Future of Color Pigments Business

Venator Materials Plc of the UK has reported a third quarter net loss of US$19 million on revenues of US$526 million compared with a net loss of US$368 million on revenues of US$533 million in the corresponding period of 2018. Simon Turner, Venator’s CEO, said, “We remain on track with our strategic initiatives. We have...

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Iluka Q2 Mineral Sands Production Rises

Iluka Resources Ltd of Australia has reported second quarter mineral sands (zircon, rutile, synthetic rutile) production of 301,800 tonnes, up 31.2% from the same period of 2018. Second quarter minerals sands sales revenue decreased by 10% to AUS$301.8 million (US$207.2 million). Sales price increases were achieved across the product suite. Iluka’s weighted average zircon premium...

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Iluka Lowers Zircon Price to Match Competition

Iluka Resources Ltd of Australia has advised that its Zircon Reference Price for the second quarter will be reduced by by about 10% to US$950/tonne. The company says that the move is in response to a price reduction by a major competitor. However, Iluka believes zircon demand is stable and that generic price reductions will...

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