Alembic Global Advisors


Global TiO2 – Ilmenite not a party spoiler

Global TiO2 – Ilmenite not a party spoiler
· TiO2 pricing not to be negatively impacted by rising ilmenite-rutile arbitrage
· See TiO2 restocking near-term and demand outstripping supply medium-term
· Raising EPS estimates for DD, HUN and NIC and target price for HUN

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