Tronox Announces Increases in Titanium Dioxide Pigment Price

Oklahoma City, Dec. 21, 2005 – Tronox Incorporated (NYSE: TRX), on behalf of its subsidiary companies, announces price increases for TRONOX® titanium dioxide pigments. The following increases will be effective Jan. 1, 2006, or as contracts allow:

  • US$.05 per pound increase in the United States and Mexico
  • CN$.06 per pound increase in Canada
  • US$100 per tonne increase in Latin America
  • €130 per tonne increase in Europe
  • US$150 per tonne increase in the Middle East and Africa
  • US$150 per tonne increase in the Asia/Pacific region

Other increases may be announced locally within each region.

Headquartered in Oklahoma City, Tronox is the world’s third-largest producer and marketer of titanium dioxide pigment, with an annual production capacity of 624,000 tonnes. Titanium dioxide is an inorganic white pigment used in paint, coatings, plastics, paper and many other everyday products. The company’s five pigment plants, which are located in the United States, Australia, Germany and the Netherlands, supply high-performance products to more than 1,100 customers in approximately 100 countries. In addition, Tronox produces electrolytic products, including sodium chlorate, electrolytic manganese dioxide, boron trichloride, elemental boron and lithium manganese oxide. For information on Tronox, visit www.tronox.com.

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Statements in this news release regarding the company's or management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include those statements preceded by, followed by or that otherwise include the words "believes," "will," "expects," "anticipates," "intends," "estimates," "projects," "target," "budget," "goal," "plans," "objective," "outlook," "should," or similar words. Future results and developments discussed in these statements may be affected by numerous factors and risks, such as the accuracy of the assumptions that underlie the statements, the market value of Tronox's products, demand for consumer products for which Tronox's businesses supply raw materials, the financial resources of competitors, changes in laws and regulations, the ability to respond to challenges in international markets, including changes in currency exchange rates, political or economic conditions in areas where Tronox operates, trade and regulatory matters, general economic conditions, and other factors and risks identified in Tronox's registration statement on Form S-1, which has been filed with the U.S. Securities and Exchange Commission. Actual results and developments may differ materially from those expressed or implied in this news release.

Investor Contact:Robert Gibney
Direct: 405-775-5105
E-mail: robert.gibney@tronox.com
Media Contact:Robert Gibney
Direct: 405-775-5105
E-mail: robert.gibney@tronox.com