Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; titanium oxychloride for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices; and titanyl sulfate that is used in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. is a subsidiary of Valhi, Inc.
IPO Year:
Exchange: NYSE
Website: kronostio2.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/13/2022 | $9.00 | Sell | Goldman |
| 8/16/2021 | $19.00 → $15.00 | Buy | Deutsche Bank |
Dallas, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $71.8 million, or $.62 per share, in the third quarter of 2024 compared to a net loss of $20.4 million, or $.18 per share, in the third quarter of 2023. For the first nine months of 2024, Kronos Worldwide reported net income of $99.4 million, or $.86 per share, compared to a net loss of $43.8 million, or $.38 per share, in the first nine months of 2023. Net income increased in the third quarter and first nine months of 2024 compared to the same periods in 2023 due to higher income from operations as a result of the effects of higher sales and production volumes, lower production
Dallas, Texas, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on December 12, 2024 to stockholders of record at the close of business on November 29, 2024. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700
Dallas, TX, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $19.5 million, or $.17 per share, in the second quarter of 2024 compared to a net loss of $8.2 million, or $.07 per share, in the second quarter of 2023. For the first six months of 2024, Kronos Worldwide reported net income of $27.6 million, or $.24 per share, compared to a net loss of $23.4 million, or $.20 per share, in the first six months of 2023. Net income increased in the 2024 periods as compared to the same periods in 2023 primarily due to higher income from operations as a result of the effects of higher sales and production volumes, lower production costs (primarily energ
Dallas, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) (the "Company") announced today that its wholly-owned subsidiary, Kronos International, Inc. ("KII"), has agreed to sell €75 million aggregate principal amount of additional 9.50% Senior Secured Notes due 2029 (the "Notes") through an institutional private placement. The Notes will be issued as additional notes to the existing €276,174,000 aggregate principal amount of 9.50% Senior Secured Notes due 2029 that KII issued on February 12, 2024 (the "Existing Notes"). Other than with respect to the date of issuance and issue price, the Notes will have the same terms as the Existing Notes. The Notes will be maint
Dallas, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) (the "Company") announced today that it is seeking to raise debt capital through a private offering of €75 million aggregate principal amount of additional 9.50% Senior Secured Notes due 2029 (the "Notes") by its wholly-owned subsidiary, Kronos International, Inc. ("KII"). The Notes are being offered as additional notes to the existing €276,174,000 aggregate principal amount of 9.50% Senior Secured Notes due 2029 that KII issued on February 12, 2024 (the "Existing Notes"). Other than with respect to the date of issuance and issue price, the Notes will have the same terms as the Existing Notes. The Notes will
Dallas, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) made the following announcements today: Acquisition of Remaining Joint Venture Interest in LPC Effective July 16, 2024, Kronos Worldwide, Inc. ("Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint venture interest in LPC. Following the acquisition, LPC is an indirect, wholly-owned subsidiary of Kronos. Kronos acquired the 50% joint venture interest that it did not already own for an upfront cash payment of $185 million (su
DALLAS, TEXAS, May 15, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on June 20, 2024 to stockholders of record at the close of business on June 10, 2024. Kronos Worldwide also announced that at its 2024 annual stockholder meeting held today its stockholders had: elected each of James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner as a director for a one-year term; andadopted a resolution that approved, on a nonbinding advisory basis,
Dallas, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $8.1 million, or $.07 per share, in the first quarter of 2024 compared to a net loss of $15.2 million, or $.13 per share, in the first quarter of 2023. Net income increased in the first quarter of 2024 as compared to the first quarter of 2023 primarily due to higher income from operations as a result of the net effect of higher sales and production volumes, lower average TiO2 selling prices and lower production costs (primarily energy and raw material costs). Comparability of our results was also impacted by the effects of changes in currency exchange rates. Net sales of $478.8
Dallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $5.3 million, or $.05 per share, in the fourth quarter of 2023 compared to a net loss of $19.9 million, or $.18 per share, in the fourth quarter of 2022. For the full year of 2023, Kronos Worldwide reported a net loss of $49.1 million, or $.43 per share, compared to net income of $104.5 million, or $.90 per share for the full year of 2022. Net income increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher income from operations as a result of the net effect of higher sales volumes, lower average TiO2 selling prices and lower prod
DALLAS, TEXAS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on March 14, 2024 to stockholders of record at the close of business on March 5, 2024. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700
Dallas, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $71.8 million, or $.62 per share, in the third quarter of 2024 compared to a net loss of $20.4 million, or $.18 per share, in the third quarter of 2023. For the first nine months of 2024, Kronos Worldwide reported net income of $99.4 million, or $.86 per share, compared to a net loss of $43.8 million, or $.38 per share, in the first nine months of 2023. Net income increased in the third quarter and first nine months of 2024 compared to the same periods in 2023 due to higher income from operations as a result of the effects of higher sales and production volumes, lower production
Dallas, Texas, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on December 12, 2024 to stockholders of record at the close of business on November 29, 2024. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700
Dallas, TX, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $19.5 million, or $.17 per share, in the second quarter of 2024 compared to a net loss of $8.2 million, or $.07 per share, in the second quarter of 2023. For the first six months of 2024, Kronos Worldwide reported net income of $27.6 million, or $.24 per share, compared to a net loss of $23.4 million, or $.20 per share, in the first six months of 2023. Net income increased in the 2024 periods as compared to the same periods in 2023 primarily due to higher income from operations as a result of the effects of higher sales and production volumes, lower production costs (primarily energ
Dallas, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) made the following announcements today: Acquisition of Remaining Joint Venture Interest in LPC Effective July 16, 2024, Kronos Worldwide, Inc. ("Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint venture interest in LPC. Following the acquisition, LPC is an indirect, wholly-owned subsidiary of Kronos. Kronos acquired the 50% joint venture interest that it did not already own for an upfront cash payment of $185 million (su
DALLAS, TEXAS, May 15, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on June 20, 2024 to stockholders of record at the close of business on June 10, 2024. Kronos Worldwide also announced that at its 2024 annual stockholder meeting held today its stockholders had: elected each of James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner as a director for a one-year term; andadopted a resolution that approved, on a nonbinding advisory basis,
Dallas, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $8.1 million, or $.07 per share, in the first quarter of 2024 compared to a net loss of $15.2 million, or $.13 per share, in the first quarter of 2023. Net income increased in the first quarter of 2024 as compared to the first quarter of 2023 primarily due to higher income from operations as a result of the net effect of higher sales and production volumes, lower average TiO2 selling prices and lower production costs (primarily energy and raw material costs). Comparability of our results was also impacted by the effects of changes in currency exchange rates. Net sales of $478.8
Dallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $5.3 million, or $.05 per share, in the fourth quarter of 2023 compared to a net loss of $19.9 million, or $.18 per share, in the fourth quarter of 2022. For the full year of 2023, Kronos Worldwide reported a net loss of $49.1 million, or $.43 per share, compared to net income of $104.5 million, or $.90 per share for the full year of 2022. Net income increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher income from operations as a result of the net effect of higher sales volumes, lower average TiO2 selling prices and lower prod
DALLAS, TEXAS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on March 14, 2024 to stockholders of record at the close of business on March 5, 2024. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700
Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $20.4 million, or $.18 per share, in the third quarter of 2023 compared to net income of $21.0 million, or $.18 per share, in the third quarter of 2022. For the first nine months of 2023, Kronos Worldwide reported a net loss of $43.8 million, or $.38 per share, compared to net income of $124.4 million, or $1.08 per share, in the first nine months of 2022. Net income decreased in the third quarter of 2023 as compared to the third quarter of 2022 primarily due to lower income from operations as a result of lower sales volumes and lower average TiO2 selling prices. Net income decrea
Dallas, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on December 14, 2023 to stockholders of record at the close of business on December 1, 2023. Kronos Worldwide, Inc. is a major international producer of titanium dioxide products. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel. 972-233-1700
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4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
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3 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
3 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
Goldman initiated coverage of Kronos Worldwide with a rating of Sell and set a new price target of $9.00
Deutsche Bank reiterated coverage of Kronos Worldwide with a rating of Buy and set a new price target of $15.00 from $19.00 previously
4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
4 - KRONOS WORLDWIDE INC (0001257640) (Issuer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
10-Q - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
10-Q - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)
8-K - KRONOS WORLDWIDE INC (0001257640) (Filer)