Kronos Raises Prices On Titanium Dioxide Products

CRANBURY, N.J. (AP) -- Kronos Worldwide Inc., which makes coloring for plastics, paper, food and cosmetics, said Wednesday that it is raising prices for all titanium dioxide products sold in North America.

Higher prices take effective Oct. 1. The price increase is 8 cents per pound or the equivalent in other currencies.

Titanium dioxide is a white pigment used in consumer goods. Kronos sold 97,000 tons of the compound in the second quarter.

Kronos shares fell $1.65, or 4.8 percent, to $32.36 Wednesday before the price changes were announced.

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