Kronos Worldwide Inc (KRO) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Kronos Worldwide inc   (NYSE: KRO)

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Description of Kronos Worldwide Inc's Business Segments


TiO2 for coatings - Our TiO2 is used to provide opacity, durability, tinting strength and brightness in industrial coatings, as well as coatings for commercial and residential interiors and exteriors, automobiles, aircraft, machines, appliances, traffic paint and other special purpose coatings. The amount of TiO2 used in coatings varies widely depending on the opacity, color and quality desired. In general, the higher the opacity requirement of the coating, the greater the TiO2 content.
TiO2 for plastics - We produce TiO2 pigments that improve the optical and physical properties in plastics, including whiteness and opacity. TiO2 is used to provide opacity in items such as containers and packaging materials, and vinyl products such as windows, door profiles and siding. TiO2 also generally provides hiding power, neutral undertone, brightness and surface durability for housewares, appliances, toys, computer cases and food packages. TiO2’s high brightness along with its opacity, is used in some engineering plastics to help mask their undesirable natural color. TiO2 is also used in masterbatch, which is a concentrate of TiO2 and other additives and is one of the largest uses for TiO2 in the plastics end-use market. In masterbatch, the TiO2 is dispersed at high concentrations into a plastic resin and is then used by manufacturers of plastic containers, bottles, packaging and agricultural films.


TiO2 for paper - Our TiO2 is used in the production of several types of paper, including laminate (decorative) paper, filled paper and coated paper to provide whiteness, brightness, opacity and color stability. Although we sell our TiO2 to all segments of the paper end-use market, our primary focus is on the TiO2 grades used in paper laminates, where several layers of paper are laminated together using melamine resin under high temperature and pressure. The top layer of paper contains TiO2 and plastic resin and is the layer that is printed with decorative patterns. Paper laminates are used to replace materials such as wood and tile for such applications as counter tops, furniture and wallboard. TiO2 is beneficial in these applications because it assists in preventing the material from fading or changing color after prolonged exposure to sunlight and other weathering agents.


TiO2 for other applications - We produce TiO2 to improve the opacity and hiding power of printing inks. TiO2 allows inks to achieve very high print quality while not interfering with the technical requirements of printing machinery, including low abrasion, high printing speed and high temperatures. Our TiO2 is also used in textile applications where TiO2 functions as an opacifying and delustering agent. In man-made fibers such as rayon and polyester, TiO2 corrects an otherwise undesirable glossy and translucent appearance. Without the presence of TiO2, these materials would be unsuitable for use in many textile applications.


We produce high purity sulfate process anatase TiO2 used to provide opacity, whiteness and brightness in a variety of cosmetic and personal care products, such as skin cream, lipstick, eye shadow and toothpaste. Our TiO2 is also found in food products, such as candy and confectionaries, and in pet foods where it is used to obtain uniformity of color and appearance. In pharmaceuticals, our TiO2 is used commonly as a colorant in pill and capsule coatings as well as in liquid medicines to provide uniformity of color and appearance. Kronos® purified anatase grades meet the applicable requirements of the CTFA (Cosmetics, Toiletries and Fragrances Association), USP and BP (United States Pharmacopoeia and British Pharmacopoeia) and the FDA (United States Food and Drug Administration).

We own and operate two ilmenite mines in Norway pursuant to a governmental concession with an unlimited term. Ilmenite is a raw material used directly as a feedstock by some sulfate-process TiO2 plants. We also sell ilmenite ore to third parties, some of whom are our competitors, and we sell an ilmenite-based specialty product to the oil and gas industry. The mines have estimated ilmenite reserves that are expected to last at least 50 years.


We manufacture and sell iron-based chemicals, which are co-products and processed co-products of the sulfate and chloride process TiO2 pigment production. These co-product chemicals are marketed through our Ecochem division and are primarily used as treatment and conditioning agents for industrial effluents and municipal wastewater as well as in the manufacture of iron pigments, cement and agricultural products.


We manufacture and sell titanium oxychloride and titanyl sulfate, which are side-stream specialty products from the production of TiO2. Titanium oxychloride is used in specialty applications in the formulation of pearlescent pigments, production of electroceramic capacitors for cell phones and other electronic devices. Titanyl sulfate productions are used in pearlescent pigments, natural gas pipe and other specialty applications.




Composition of Kronos Worldwide inc Revenues by Segments

 
Single reportable segment    100 % of total Revenue
Point of origin    100 % of total Revenue
Point of origin Reportable geographical components United States    70.16 % of total Revenue
Point of origin Reportable geographical components Germany    44.45 % of total Revenue
Point of origin Reportable geographical components Canada    17.24 % of total Revenue
Point of origin Reportable geographical components Norway    12.97 % of total Revenue
Point of origin Reportable geographical components Belgium    12.59 % of total Revenue
Point of origin Eliminations    -57.41 % of total Revenue
Point of destination    100 % of total Revenue
Point of destination Europe    47.69 % of total Revenue
Point of destination North America    36.52 % of total Revenue
Point of destination Other    15.79 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Single reportable segment 509.80 100 %
Point of origin 509.80 100 %
Point of origin Reportable geographical components United States 357.70 70.16 %
Point of origin Reportable geographical components Germany 226.60 44.45 %
Point of origin Reportable geographical components Canada 87.90 17.24 %
Point of origin Reportable geographical components Norway 66.10 12.97 %
Point of origin Reportable geographical components Belgium 64.20 12.59 %
Point of origin Eliminations -292.70 -57.41 %
Point of destination 509.80 100 %
Point of destination Europe 243.10 47.69 %
Point of destination North America 186.20 36.52 %
Point of destination Other 80.50 15.79 %
Total 509.80 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Single reportable segment 4.08 % -
Point of origin 4.08 % -
Point of origin Reportable geographical components United States 10.95 % -
Point of origin Reportable geographical components Germany 4.52 % -
Point of origin Reportable geographical components Canada -20.67 % -
Point of origin Reportable geographical components Norway -6.24 % -
Point of origin Reportable geographical components Belgium -2.28 % -
Point of origin Eliminations - -
Point of destination 4.08 % -
Point of destination Europe 6.39 % -
Point of destination North America -2.1 % -
Point of destination Other 13.22 % -
Total 4.08 % -72.58 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total -4.80 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - -




Annual Report on Kronos Worldwide inc Divisions, Sales by Country

 
Single reportable segment   Single reportable segment Segment contribution to total sales 100 % of total Revenue
Point of origin Reportable geographical components United States   Point of origin Reportable geographical components United States Segment contribution to total sales 63.08 % of total Revenue
Point of origin Reportable geographical components Germany   Point of origin Reportable geographical components Germany Segment contribution to total sales 45.13 % of total Revenue
Point of origin Reportable geographical components Canada   Point of origin Reportable geographical components Canada Segment contribution to total sales 15.56 % of total Revenue
Point of origin Reportable geographical components Norway   Point of origin Reportable geographical components Norway Segment contribution to total sales 13.46 % of total Revenue
Point of origin Reportable geographical components Belgium   Point of origin Reportable geographical components Belgium Segment contribution to total sales 12.73 % of total Revenue
Point of origin Eliminations   Point of origin Eliminations Segment contribution to total sales -49.96 % of total Revenue
Point of destination Europe   Point of destination Europe Segment contribution to total sales 46.31 % of total Revenue
Point of destination North America   Point of destination North America Segment contribution to total sales 38.36 % of total Revenue
Point of destination Other   Point of destination Other Segment contribution to total sales 15.33 % of total Revenue


Twelve months ended 2025
KRO s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Single reportable segment 1,859.40 100 %
Point of origin Reportable geographical components United States 1,172.90 63.08 %
Point of origin Reportable geographical components Germany 839.10 45.13 %
Point of origin Reportable geographical components Canada 289.30 15.56 %
Point of origin Reportable geographical components Norway 250.30 13.46 %
Point of origin Reportable geographical components Belgium 236.70 12.73 %
Point of origin Eliminations -928.90 -49.96 %
Point of destination Europe 861.00 46.31 %
Point of destination North America 713.30 38.36 %
Point of destination Other 285.10 15.33 %
Total 1,859.40 100 %


Twelve months ended 2025
KRO s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -110.90 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Single reportable segment -1.47 % -
Point of origin Reportable geographical components United States -0.47 % -
Point of origin Reportable geographical components Germany 1.51 % -
Point of origin Reportable geographical components Canada -17.7 % -
Point of origin Reportable geographical components Norway -10.16 % -
Point of origin Reportable geographical components Belgium -0.46 % -
Point of origin Eliminations - -
Point of destination Europe 2.32 % -
Point of destination North America 2.15 % -
Point of destination Other -17.91 % -
Total -1.47 % -



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