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Kronos Worldwide Inc (Kronos) is a chemical company that manufactures and markets titanium dioxide (TiO2). The company's products include titanium chemicals, photocatalysts, iron salts in liquid and solid forms and TiO2 pigments for plastics, coatings, and paper. It offers products to plastic, paint, paper, and decorative laminate manufacturers. TiO2 is also used in applications such as inks, cosmetics, textiles, beauty, health, and food. Kronos provides technical services for its products such as assistance, consultation, on-site training, and testing services. The company markets its products under the Kronos trademark through a network of distributors and agents across the world. The company has an operational presence in Europe, North America, and Asia Pacific. Kronos is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
5430 Lbj Freeway, Suite 1700, Dallas, Texas, 75240
Website
kronostio2.com/en
Telephone
1 972 2331700
No of Employees
2,196
Industry
Chemicals
Ticker Symbol & Exchange
KRO (NYSE)
Revenue (2022)
$1.7B
-13.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-147%
(2022 vs 2021)
Market Cap*
$1.5B
Net Profit Margin (2022)
XYZ
-154.5%
(2022 vs 2021)
* As of and is in US$
Kronos Worldwide Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Iron Salts | Testing | Kronos |
| Titanium Dioxide Pigments | Assistance in Pigment Selection | |
| Titanium Chemicals | Consultation on Safe Usage of TiO2 Pigments | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2018 | Contracts/Agreements | In January, 2018 the company entered into agreement with Brenntag for marketing and distribution of Titanium Dioxide for life science products in Europe. |
| 2014 | Financing Agreements | In February, the company completed a US$350 million senior secured term loan B. |
| 2012 | Financing Agreements | In June, the company completed a US$125 million revolving bank credit facility. |
Competitor Comparison
| Key Parameters | Kronos Worldwide Inc | Huntsman Corp | Chemours Co | Cabot Corp | Venator Materials PLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United Kingdom |
| City | Dallas | The Woodlands | Wilmington | Boston | Stockton-On-Tees |
| State/Province | Texas | Texas | Delaware | Massachusetts | Durham |
| No. of Employees | 2,196 | 6,000 | 6,200 | 4,268 | 3,413 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James M. Buch | President; Director; Chief Executive Officer | Executive Board | 2023 | 62 |
| Tim C. Hafer | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 62 |
| Brian W. Christian | Chief Operating Officer; Executive Vice President | Senior Management | 2023 | 45 |
| John A Sunny | Executive Vice President; Chief Information Officer | Senior Management | 2020 | 61 |
| Rainer F. Gruber | Chief Manufacturing Officer; Vice President; Chief Technology Officer | Senior Management | 2022 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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