Millennium Chemicals Announces Price Increases For Vinyl Acetate Monomer


HUNT VALLEY, Md., June 14, 2004 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") announced today the following price increases for vinyl acetate monomer (VAM) effective July 1st, 2004, or as contracts allow.



 US & Canada:                         $0.05/lb

 Central & South America:             US $110/metric ton

 Africa & the Middle East & Turkey:   US $110/metric ton

 Asia:                                US $110/metric ton

 Europe (T2 material):                Euro 100/metric ton

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

Millennium Chemicals is:



 --  The second-largest producer of TiO2 in the world, the largest
     merchant seller of titanium tetrachloride and a major producer of
     zirconia, silica gel and cadmium-based pigments;

 --  The second-largest producer of acetic acid and vinyl acetate
     monomer in North America;

 --  A leading producer of terpene-based fragrance and flavor
     chemicals; and,

 --  Through its 29.5% interest in Equistar Chemicals, LP, a partner
     in the second-largest producer of ethylene and third-largest
     producer of polyethylene in North America, and a leading producer
     of performance polymers, oxygenated chemicals, aromatics and
     specialty petrochemicals.

            

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