Global titanium dioxide sales may fall to lowest

因整体经济收缩，钛白粉巨头预计，全球2022年第四季度钛白粉需求将大幅下降。

Because of the shrinked economy, it is estimated by the leader in titanium dioxide industry, the global demand for titanium dioxide will drop sharply in the fourth quarter of 2022.

特诺公司预测，第四季度钛白粉需求将因客户去库存情况而下降25%~30%。各地区中，欧洲、中东、非洲和亚太地区对钛白粉的需求持续疲软，北美则呈现季节性疲软。钛白粉需求预测持续下降，并影响着行业整体发生变化。

Tenor company predicts, the demand for titanium dioxide in the forth quarter of 2022 will decrease around 25%-30% depend on the situation of customer de-stocking. Among these areas, titanium dioxide demand in Europe, the Middle East, Africa and the Asia-Pacific region continued to be weak, while North America showed seasonal weakness. It is expected that the demand for titanium dioxide will keep decline, and affects the overall change of the titanium dioxide industry.

特诺公司联席首席执行官约翰·罗曼诺在公司第三季度投资者电话会议上表示：“25%~30%的需求下降是基于我们看到的订单模式。我们有很多客户显然在利用这一情况进行谈判，以争取更好的价格。”罗曼诺补充称，尽管中国钛白粉出口量在增长，有客户正在用价格较低的中国钛白粉取代价格较高的钛白粉，但量不多。

John Romano, the co-chief executive of Tenor, said on the company's third quarter investor conference call: "The 25% - 30% decline in demand is based on the order pattern we saw. We have many customers who are obviously using this situation to negotiate for better prices." Romano added that although China's titanium dioxide exports are growing, Some customers are replacing high-price titanium dioxide with low-price Chinese titanium dioxide, but the quantity is not large.

随着欧洲能源成本上升，各地区生产商也出现了非对称的放缓，因此第四季度的产量也会相应减少。康诺斯两家欧洲工厂已实施减产;而特诺公司计划削减其5家欧洲工厂的产能，这5家工厂占其钛白粉产能的一半以上。

With the rise of energy costs in Europe, two European factories in Konos have implemented production reductions; Tenor plans to cut the capacity of its five European plants, which account for more than half of its titanium dioxide production capacity.

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