JEDDAH, SAUDI ARABIA and HUNT VALLEY, MD USA (July 12, 2010) - Cristal Global announces today that it is partially lifting its declaration of Force Majeure with respect to products manufactured at its Stallingborough, UK TiO2 production facility. As of today’s date, the declaration of Force Majeure is lifted with respect to all products, with the exception of Tiona® 168, manufactured at Cristal Global’s Stallingborough, UK TiO2 production facility. The declaration of Force Majeure shall remain in place with respect to Tiona® 168 product manufactured at the site, until further notice.
We appreciate the patience and understanding of our business partners as we manage through this production disruption caused by events outside our reasonable control.
“Although we are pleased to be able to partially lift the Force Majeure declaration, demand in the marketplace for TiO2 remains very high and supply is limited. This means that we’ll be in a period of very tight sales control for the foreseeable future,” said Mark Stoll, Vice President – Commercial, Cristal Global.
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Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs nearly 4,000 people worldwide.
www.cristalglobal.com
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