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News has emerged that the Huntsman Corporation’s titanium dioxide manufacturing facility in Pori, Finland suffered a fire on January 30, 2017, stopping production at the site until repairs can be completed.
The Finnish plant accounts for 15% of Huntsman’s global titanium dioxide (TiO2) capacity and produces much of Huntsman’s graphic arts grade pigment. The graphic arts market has specific requirements for the white pigments produced in Pori, in terms of gloss, abrasiveness etc. The impact of the fire on the supply chain into the ink manufacturing sector has been declared as force majeure by the main resellers, exerting severe and immediate pressure on inward costs. Double digit price increases have already been announced by the pigment suppliers as a direct consequence of the shortages in the market.
Huntsman is committed to repairing the site as quickly as possible but serious shortages in the supply of graphic arts grade pigments throughout 2017 can be expected.