Pigment producers in Europe are happier than they were a few months ago, when they were struggling to deal with declining prices with little apparent prospect of an improvement in demand. Now, the first signs of recovery have emerged, opening up the possibility of a strong pick-up in sales later in the year. However, pigment makers, particularly those with high volume products, are still facing the dilemma of how to cope with the longer-term pressure on their margins from lower-cost suppli...