Business News

Dennis Wanlass Appointed to Tronox Board of Directors

2008-08-15 15:25:00

    OKLAHOMA CITY, Aug. 15 /EMWNews/ -- Dennis L. Wanlass has

been appointed to the Tronox Incorporated (NYSE: TRX, TRX.B) board of

directors, effective Aug. 15, 2008. In addition, the board of directors

named Wanlass interim chairman and chief executive officer succeeding

Thomas W. Adams, who, at this time, will continue to serve as a member of

the board but no longer works for the company.



    Wanlass joined Tronox in July 2008 as executive vice president of

special projects. Wanlass has more than 35 years of experience in

management, finance and accounting. He held leadership positions at Special

Metals Corporation from 2001 to 2008, initially serving as the chief

financial officer, moving to chief operations officer and eventually

becoming the chief executive officer. From 1988 to 2001, he held executive

positions of increasing responsibility with Geneva Steel LLC, including

vice president, chief financial officer and treasurer. His experience also

includes 13 years with Eastman Christensen and five years with KPMG.



    Headquartered in Oklahoma City, Tronox is the world's third-largest

producer and marketer of titanium dioxide pigment, with an annual

production capacity of 642,000 tonnes. Titanium dioxide pigment 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 approximately 1,100 customers in 100

countries. In addition, Tronox produces electrolytic products, including

sodium chlorate, electrolytic manganese dioxide, boron trichloride,

elemental boron and lithium manganese oxide.



    Forward-Looking Statements: Some information 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 Section 27A of the

Securities Exchange Act of 1933, as amended, and Section 21E of the

Securities Exchange Act of 1934, as amended. 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 market for

raw materials that Tronox uses to produce TiO2, its inability to predict

the prices of such raw materials, the financial resources of competitors,

the market for debt and/or equity financing, changes in laws and

regulations, the ability to respond to challenges in international markets,

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 the Risk Factors

Section of Tronox's Annual Report on Form 10-K for the year ended December

31, 2007, and subsequent Quarterly Reports on Form 10-Q, as filed with the

U.S. Securities and Exchange Commission (SEC), and other SEC filings.

Actual results and developments may differ materially from those expressed

or implied in this news release. The company does not undertake to update

forward-looking statements to reflect the impact of circumstances or events

that arise after the date the forward-looking statement was made. Investors

are urged to consider closely the disclosures and risk factors in Tronox's

Annual Report on Form 10-K for the year ended December 31, 2007, available

on Tronox's website, http://www.tronox.com. This also can be obtained from

the SEC by calling 1-800-SEC-0330.




Media Contact: Debbie Schramm Direct: 405-775-5177 Cell: 405-830-6937 [email protected] Investor Contact: Robert Gibney Direct: 405-775-5105 [email protected]

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