Kronos Worldwide Inc Common Stock (KRO)
Frequently Asked Questions About Kronos Worldwide Inc Common Stock (KRO)
How does Kronos Worldwide Inc engage with its shareholders?
Kronos Worldwide Inc maintains an active dialogue with its shareholders, providing regular updates on financial performance, strategic initiatives, and market trends. The company hosts annual meetings, issues press releases, and communicates through financial reports to keep investors informed and engaged.
How does Kronos Worldwide Inc handle safety and compliance?
Kronos Worldwide Inc places a strong emphasis on safety and compliance, implementing stringent health and safety protocols across its operations. The company adheres to regulatory requirements and continuously trains its employees to maintain a safe working environment while ensuring compliance with environmental standards.
How does Kronos Worldwide Inc impact the local economy?
Kronos Worldwide Inc positively impacts local economies by providing employment opportunities and contributing to regional economic development through its manufacturing facilities. The company’s operations stimulate local businesses and services, thus fostering a robust ecosystem that benefits the community.
Is Kronos Worldwide Inc involved in sustainability efforts?
Yes, Kronos Worldwide Inc actively participates in sustainability initiatives aimed at reducing its environmental footprint. The company focuses on energy efficiency, waste reduction, and responsible sourcing of raw materials, reflecting its commitment to sustainable development and alignment with global environmental standards.
Is Kronos Worldwide Inc publicly traded?
Yes, Kronos Worldwide Inc is publicly traded on the New York Stock Exchange under the ticker symbol KRO. The company's publicly traded status allows it to access capital markets and offer liquidity to its shareholders, facilitating investments in growth and innovation.
What are the growth prospects for Kronos Worldwide Inc?
The growth prospects for Kronos Worldwide Inc appear promising, driven by increasing demand for titanium dioxide in various industries and emerging markets. The company’s strategic investments in technology and capacity, alongside its commitment to sustainability, position it well to capitalize on future market opportunities.
What does Kronos Worldwide Inc do?
Kronos Worldwide Inc is a global producer and marketer of titanium dioxide (TiO2) pigments, which are essential in various applications including paints, coatings, plastics, and paper. The company operates production facilities and sales offices around the world, catering to diverse markets and contributing to numerous industries by providing high-quality TiO2 products.
What is Kronos Worldwide Inc's approach to research and development?
Kronos Worldwide Inc prioritizes research and development (R&D) as part of its strategic framework, investing in new technologies and product innovations to enhance its TiO2 offerings. The R&D efforts aim to improve product quality, reduce production costs, and explore new applications, thereby driving long-term growth.
What is the financial performance of Kronos Worldwide Inc?
Kronos Worldwide Inc has demonstrated a strong financial performance in recent years, with fluctuations in revenue and profitability largely influenced by global demand for titanium dioxide, input costs, and market dynamics. Investors appreciate the company’s operational efficiency and strategic initiatives aimed at enhancing productivity and expanding market share.
What is the production capacity of Kronos Worldwide Inc?
Kronos Worldwide Inc boasts substantial production capacity across its manufacturing facilities, which are strategically located in North America and Europe. The company continually invests in capacity expansion and technological upgrades to meet evolving market demands and customer needs.
What is the significance of titanium dioxide in the global market?
Titanium dioxide is significant in the global market due to its extensive use in various industries, contributing to vibrant and durable products. As a key ingredient in paints, coatings, and plastics, the demand for TiO2 is linked to economic growth trends and developments in construction, automotive, and consumer goods sectors.
What is titanium dioxide used for?
Titanium dioxide is widely used as a pigment owing to its brightness and high refractive index. It is primarily utilized in paints and coatings to provide color, opacity, and durability. Additionally, TiO2 finds applications in plastics, cosmetics, food colorants, and various other products that benefit from its whiteness and ultraviolet light protection properties.
What markets does Kronos Worldwide Inc serve?
Kronos Worldwide Inc serves a variety of markets, including those for paints and coatings, plastics, paper, inks, and numerous industrial applications. By diversifying its product offerings, the company can cater to a wide array of industries and maintain its relevance in an evolving marketplace.
What role does innovation play at Kronos Worldwide Inc?
Innovation is a critical component at Kronos Worldwide Inc, as the company continuously seeks to improve its production processes, develop new applications for titanium dioxide, and enhance product performance. By fostering a culture of innovation, Kronos aims to maintain its competitive edge and meet the evolving needs of its customers.
What technology does Kronos Worldwide Inc use in production?
Kronos Worldwide Inc utilizes advanced technology and processes in the production of titanium dioxide, ensuring high efficiency and product quality. The company adopts modern methodologies in chemical processing and employs rigorous quality control measures throughout its manufacturing operations.
When was Kronos Worldwide Inc founded?
Kronos Worldwide Inc was founded in 2006 as a public company, but it has a history that traces back to its parent company, Kronos GmbH, which was established in 1916. This long-standing presence in the titanium dioxide industry highlights the company's experience and expertise in manufacturing and marketing TiO2.
Where is Kronos Worldwide Inc headquartered?
Kronos Worldwide Inc is headquartered in Dallas, Texas. This central location allows the company to effectively coordinate its global operations and facilitate its marketing and sales strategies to serve customers across various regions.
Who are the key executives at Kronos Worldwide Inc?
The key executives at Kronos Worldwide Inc include a team of experienced professionals who oversee operations, finance, sales, and R&D. Leadership is focused on driving the company's vision, ensuring operational excellence, and responding to the dynamic needs of the global titanium dioxide market.
Who are the main competitors of Kronos Worldwide Inc?
Kronos Worldwide Inc competes with several major players in the titanium dioxide industry, including companies like Chemours, Tronox, and Huntsman Corporation. These competitors also produce TiO2 pigments and other specialty chemicals, creating a competitive landscape influenced by product quality, pricing, and technological advancements.
What is the current price of Kronos Worldwide Inc Common Stock?
The current price of Kronos Worldwide Inc Common Stock is 7.420
When was Kronos Worldwide Inc Common Stock last traded?
The last trade of Kronos Worldwide Inc Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Kronos Worldwide Inc Common Stock?
The market capitalization of Kronos Worldwide Inc Common Stock is 853.30M
How many shares of Kronos Worldwide Inc Common Stock are outstanding?
Kronos Worldwide Inc Common Stock has 115.00M shares outstanding.