Axalta Coating Systems Implements Titanium Dioxide Surcharge on Selected Products
July 21 2017 - 8:00AM
Business Wire
Due to continuing significant price increases in the cost of
titanium dioxide over the past six months, Axalta Coating Systems
(NYSE: AXTA) will impose a price surcharge for coating products
that contain this critical raw material.
The surcharge will be applied to specific products sold in all
regions of the world and is independent from any pricing actions
due to the long-term rise in the cost of producing resins and other
key components of Axalta products. The titanium dioxide surcharge
will take effect on all orders received after August 1, 2017.
About Axalta Coating Systems
Axalta is a leading global company focused solely on coatings
and providing customers with innovative, colorful, beautiful and
sustainable solutions. From light OEM vehicles, commercial vehicles
and refinish applications to electric motors, buildings and
pipelines, our coatings are designed to prevent corrosion, increase
productivity and enable the materials we coat to last longer. With
150 years of experience in the coatings industry, the over 13,000
people of Axalta continue to find ways to serve our more than
100,000 customers in 130 countries better every day with the finest
coatings, application systems and technology. For more information
visit axalta.com and follow us @Axalta on Twitter and on
LinkedIn.
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version on businesswire.com: http://www.businesswire.com/news/home/20170721005066/en/
Axalta Coating SystemsHeather Marter,
+215-255-7904heather.marter@axaltacs.comaxaltacoatingsystems.com
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