The US-based corporation is specialising in three key segments: titanium technologies, thermal & specialised solutions and advanced performance materials. The titanium technologies segment (TT) has seen weakening demand over the course of the last year. In the second quarter of 2023, it reported net sales of approx. EUR 651 million, down by approx. EUR 240 million, or 27 %, from EUR 891 million in the second quarter of last year. The Kuan Yin site has already stopped producing dry titanium dioxide pigment on 1 August, 2023, and decommissioning has begun immediately. The global pigment supplier expects there to ...