Lyondell Sells Its Millenium TiO2 Unit

Lyondell Chemical Co., Houston, has agreed to sell its Millennium Inorganic Chemicals subsidiary in Hunt Valley, Md., the world’s second-largest producer of titanium dioxide.

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Lyondell Chemical Co., Houston, has agreed to sell its Millennium Inorganic Chemicals subsidiary in Hunt Valley, Md., the world’s second-largest producer of titanium dioxide. The buyer is National Titanium Dioxide Co., Ltd. of Jeddah, Saudi Arabia, which has been producing the white pigment in that country since 1991. Its product is trade named Cristal. www.cristalarabia.com

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