DuPont Titanium to raise titanium dioxide price 5cPrint | RSS...

DuPont Titanium to raise titanium dioxide price 5c
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By Heather Wilson
Last Update: 11:11 AM ET Mar 14, 2005

SAN FRANCISCO (MarketWatch) -- DuPont Titanium Technologies (DD :
E.I. du Pont de Nemours and Company
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Last: 42.15-0.41-0.96%
8:06pm 05/30/2006
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DD42.15, -0.41, -1.0% ) said Monday that it is raising the price on all of its titanium dioxide grades by five cents a pound. The higher price will take effect April 1. DuPont cited the rising cost of raw materials and a need to reinvest in order to support increasing global demand as reasons for the price hike. End of Story



28 February 2006
Titanium price increases and shortages may affect JSF programme

By James Murphy Reporter

Soaring titanium prices, the rising cost of producing the metal and a global shortage may hit the Joint Strike Fighter (JSF) programme, the first time a global materials supply concern has impacted so significantly on the defence sector since the steel shortages after the Second World War.

Both Airbus and Boeing have expressed their concerns about titanium supply and cost in recent weeks, and are said to be "monitoring the situation closely".

The implications of spiralling titanium costs have not been lost on the JSF partner nations either.

One UK Ministry of Defence (MoD) official has already articulated his assessment that the unit cost of each aircraft would be influenced by titanium prices.

Commodore Simon Henley, the UK MoD's team leader for the Joint Combat Aircraft programme (as JSF is known in the UK) until January 2006, said in February that JSF unit cost, officially estimated at around USD50-60 million, was "dependent on titanium supplies".

Added to cost concerns is the potential disruption to global supply posed by moves from within Russia, one of the most important titanium exporters, to bring control of its domestic titanium producers under state control.

Russia plans to take control of VSMPO-Avisma, the world's largest producer of titanium, as it looks to secure access to what is considers "strategically important" metallurgical knowledge.