APG 0.00% 0.2¢ austpac resources nl

last night kronos results

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    All looking healthy at Kronos.Just some comments extracted from last nights quarterly results.

    Steven L. Watson, Vice Chairman and Chief Executive Officer, said, "We saw significant improvement in our business and the TiO2 industry during 2010. Worldwide demand for our TiO2 products continued to strengthen and our manufacturing facilities successfully operated at near full practical capacity utilization levels, allowing us to achieve new historic records for both sales and production volumes".


    "Assuming demand for TiO2 products remains strong, we expect the worldwide shortage will continue beyond 2011, and we expect to implement additional increases in our TiO2 selling prices. As a result, we believe we will report additional improvements in our operating and financial performance in 2011 and the foreseeable future as compared to 2010."

    Cozzie


 
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