Millennium Chemicals Announces Price Increases for Titanium Dioxide Products in the Asia Pacific Region

Hunt Valley, Maryland, UNITED STATES

RED BANK, N.J., March 20, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) announced today price increases on the sale of all Tiona(r) titanium dioxide products in the Asia Pacific region by US $100 per metric ton effective April 1, 2003.

Millennium Chemicals (website: is a major international chemicals company, with leading market positions in a broad range of commodity, industrial, performance and specialty chemicals.

Millennium Chemicals Inc. is:

- The second-largest producer of TiO2 in the world and a leading producer of titanium tetrachloride, and other products, including zirconia, cadmium/selenium pigments and silica gel;

- the second-largest producer of acetic acid and vinyl acetate monomer in North America, and through its partnership interest in La Porte Methanol Company, LP, a partner in a leading U.S. producer of methanol;

- a leading producer of fragrance chemicals; and,

- through its partnership interest in Equistar Chemicals, LP, a partner in the second-largest producer of ethylene, and the third-largest producer of polyethylene in North America and a leading producer of ethylene oxide and its derivatives and high value-added specialty polymers.


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