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Home > Company Index > Chemicals > Diversified Chemicals > Millennium Chemicals Inc.

Millennium Chemicals Inc.
NYSE: MCH
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 PROFILE
Smell, sight, and taste go together with good business sense at Millennium Chemicals, maker of specialty chemicals that go into paints, perfumes, and flavorings. The company's Millennium Inorganic Chemicals subsidiary makes titanium dioxide, a white pigment used in paints, paper, and plastics, that contributes 75% of total company sales. It also produces titanium tetrachloride. The Millennium Specialty Chemicals subsidiary makes terpene fragrance chemicals, cadmium-based pigments (automotive coatings), and silica gel (pharmaceuticals). Subsidiary Millennium Petrochemicals makes methanol and acetic acid. The company has ceased trying to sell its stake in Equistar Chemicals (ethylene, polyethylene, polymers).

 COMPETITION
The Dow Chemical Company (DOW)
International Flavors & Fragrances Inc. (IFF)
Union Carbide Corporation (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,793.00
1-Yr. Sales Growth: 12.8%
Employees: 4,370
Revenue per employee: $410,297.48

 KEY PEOPLE
• William M. Landuyt
    CEO
• John E. Lushefski
    CFO

 CONTACT INFO
230 Half Mile Rd.
Red Bank, NJ 07701
US
Phone: 732-933-5000
Fax: 732-933-5240
Online: Web Site

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