Venator - a global manufacturer of pigments and additives – today announced a mandatory price increase of €300/t for all titanium dioxide pigments and performance additive products sold in Europe, Africa and the Middle East (EMEA), effective February 1, 2025 (customer terms permitting). This adjustment is necessary to address the sustained elevated and volatile energy costs that are impacting manufacturing across Europe. 

Nicolas Joly, Executive Vice President, Commercial, said: “The European energy crisis has fundamentally altered the cost landscape, particularly with unprecedented increases in natural gas prices and CO2 certificates. High energy costs are now a component of doing business in Europe and no single layer of the value chain can continue to absorb these costs alone. We are acting responsibly to protect and ensure the continuity and sustainability of our own business and the industries we support.”