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Lyondell Announces Price Increases for Titanium Dioxide Products

02-Jan-2006

Lyondell Chemical Company increased its prices for all rutile and anatase Tiona(R) titanium dioxide (TiO2) products sold to all end-use markets worldwide, effective January 1, 2006, or as contracts allow. Millennium Inorganic Chemicals Inc., a Lyondell company, will increase its TiO2 prices as follows:

In North America, prices will increase by US $0.06 per pound in the United States and Mexico and by C $0.07 per pound in Canada.

In Europe, prices will increase by euro 150 per metric ton.

In the Middle East and Africa, prices will increase by US $200 per metric ton.

In the Caribbean, Central and South America, prices will increase by US $100 per metric ton.

In Asia Pacific, except Australia & Japan, prices will increase by US $150 per metric ton.

In Japan, prices will increase by 20 yen per KG.

In Australia, prices will increase by A $100 per metric ton.

These increases are in addition to our previously announced October increases.

Tiona is a registered trademark of Millennium Chemicals, a Lyondell company.

SOURCE: Lyondell Chemical Company; Millennium Chemicals Inc.

CONTACT: Amy Drusano of Millennium Chemicals Inc., +1-410-229-8062, or amy.drusano@millenniumchem.com

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