TiO2 Pigment Producers Comparative Cost and Profitability Study

The “TiO2 Pigment Producers Comparative Cost and Profitability Study ” (PCS) provides a detailed analysis of the TiO2 pigment manufacturing industry for the prior year.

In the 2022 edition, 25 chloride process plants were reviewed. A total of 66 sulfate plants were assessed.

TABLE OF CONTENTS

EXECUTIVE SUMMARY

METHODOLOGY

TiO2 PIGMENT MARKET FUNDAMENTALS

• TiO2 pigment pricing fundamentals
• Methodology changes
• TiO2 pigment pricing long-term expectations
• TiO2 pigment price forecasts
• TiO2 pigment demand
• Operating rates
• TiO2

COST AND PROFITABILITY CURVES

• TiO2 global cost curve: 2021
• Global revenue to cash cost curve: 2021
• TiO2 global profitability curve: 2021
• Cost and profitability: All plants, 2021
• Industry manufacturing cash costs: 2017-2021
• TiO2 global cost curve: 2021
• TiO2 global cost curve forecast: 2022f
• TiO2 global cost curve forecast: 2023f
• TiO2 global cost curve forecast: 2024f
• TiO2 global cost curve forecast: 2025f
• TiO2 global cost curve forecast: 2026f
• TiO2 global cost curve forecast: 2027f
• Global producers
• Regional producers
• TiO2 cost curve by producer type: 2021
• TiO2 pigment profitability curve by producer type: 2021
• Regional view of manufacturing costs: 2021
• TiO2 pigment cost curve by region: 2021
• TiO2 pigment profitability curve by region: 2021
• Regional cost curves: 2021
• TiO2 pigment cost curve by technology: 2021
• TiO2 pigment profitability curve by technology: 2021
• Cost and profitability: Chloride plants in 2021
• Cost and profitability: Sulfate plants in 2021
• Chloride versus sulfate producers: 2021
• Chloride versus sulfate technology: 2017-2021
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GLOBAL PRODUCER PROFILES

• TiO2 pigment portfolio analysis: Global producers 2021
• Chemours: 2017-2021
• Chemours: Position on curves: 2021
• Kronos: 2017-2021
• Kronos: Position on curves: 2021
• LB Group: 2017-2021
• LB Group: Position on curves: 2021
• Tronox: 2017-2021
• Tronox: Position on curves: 2021
• Venator: 2017-2021
• Venator: Position on curves: 2021
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COST DEVELOPMENTS

• Cost developments all sites: 2017-2021
• Titanium feedstock consumption by producer: 2021
• Coke consumption by producer: 2021
• Chlorine consumption by producer: 2021
• Sulfuric acid consumption by producer: 2021
• Fixed costs: 2017-2021
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FACTORS AFFECTING RESULTS

• Titanium feedstock
• Titanium feedstock: Transport
• Chlor-alkali chemicals
• Sulfuric acid
• Calcined petroleum coke
• Energy
• Waste treatment solutions
• Co-products
• Foreign exchange rates
• Other factors
• rutile

DEFINITIONS

• Titanium feedstocks
• Technical definitions
• Financial definitions
• feedstocks

APPENDICES:

• Producer manufacturing statements