According to TZ Minerals International’s (TZMI) “Global TiO2 Pigment Producers Comparative Cost and Profitability Study,” the $10 billion titanium dioxide pigment industry improved profitability in 2009 compared to 2008, as variable costs reduced at a faster rate than selling prices. Leading producers also idled high cost plants during the year, leading to improved asset portfolios. A rebound in demand in the second half of 2009 had plants winding back to full production rates. TZMI announced t...