| Business Summary | | NL
Industries,
Inc.
is
a
producer
of
titanium
dioxide
pigments
(TiO2)
through
its
principal
wholly
owned
subsidiary,
Kronos
Inc.
Kronos
produces
over
40
different
TiO2
grades,
sold
under
the
Kronos
trademark
that
provide
a
variety
of
performance
properties
to
meet
customers'
specific
requirements.
The
manufacturing
facilities
of
Kronos
are
located
in
Germany,
Canada,
Belgium
and
Norway.
The
Company
is
also
engaged
in
the
mining
and
sale
of
ilmenite
ore
(a
raw
material
used
as
a
feedstock
by
sulfate-process
TiO2
plants),
and
in
the
manufacture
and
sale
of
iron-based
water
treatment
chemicals
(derived
from
co-products
of
the
pigment
production
processes).
Subsidiaries
of
Kronos
and
Huntsman
ICI
Holdings
each
own
a
50%
interest
in
a
manufacturing
joint
venture,
Louisiana
Pigment
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NL
Industries,
Inc.
is
an
international
producer
of
titanium
dioxide
pigments
(Ti02)
(chemical
products
used
for
imparting
whiteness,
brightness
and
opacity
to
a
variety
of
products).
For
the
six
months
ended
6/30/01,
revenues
fell
14%
to
$466.9
million.
Net
income
fell
31%
to
$60
million.
Revenues
reflect
decreased
production
volumes
and
lower
gains
from
litigation
settlement.
Earnings
also
reflect
lower
remediation
accrual
and
decreased
legal
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Harold Simmons, 69 Chairman | -- | -- | J. Landis Martin, 55 Pres,
CEO, Director | $1.6M | $4.7M | Susan Alderton, 49 CFO,
VP, Treasurer | 788K | 670K | Lawrence Wigdor, 59 Exec.
VP, Director; Pres and CEO of Kronos | 3.5M | 1.6M | Robert Hardy, 40 VP,
Controller, Assistant Treasurer, Assistant Sec. | 976K | 260K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|