DuPont Statement on Titanium Dioxide Demand Outlook

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Jul 10, 2012, 11:00 ET

WILMINGTON, Del., July 10, 2012 /PRNewswire/ -- The following is a statement from BC Chong, president of DuPont Titanium Technologies, on the titanium dioxide market outlook for 2012.

"Recent comments regarding market demand for titanium dioxide in the second half of 2012 are not consistent with DuPont's view and overstate the softness in the pigment industry. We expect demand for titanium dioxide to be stronger than that of ore due in part to changes in inventory levels. We remain confident in our titanium dioxide outlook for the rest of the year and longer term, and our team will continue to stay close to the market and our customers," stated Chong.

DuPont will provide additional perspective when it reports second quarter earnings results on July 24.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.

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