| UNITED      STATES                                                                                                                                                                                                               |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SECURITIES      AND EXCHANGE COMMISSION                                                                                                                                                                                          |
| Washington,      D.C. 20549                                                                                                                                                                                                      |
|                                                                                                                                                                                                                             |
| FORM      10-Q                                                                                                                                                                                                                   |
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|                                                                                                                                                                                                                             |
| QUARTERLY      REPORT UNDER SECTION 13 OR 15(d) OFTHE      SECURITIES EXCHANGE ACT OF 1934                                                                                                                                       |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
|  For      the quarter ended September 30,      2009                                                                                                                                                                         |
| Commission      file number 1-31763                                                                                                                                                                                              |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
| KRONOS WORLDWIDE, INC.                                                                                                                                                                                                           |
| (Exact      name of Registrant as specified in its charter)                                                                                                                                                                      |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
| DELAWARE                                     |     76-0294959    |
| (State      or other jurisdiction ofincorporation      or organization)                                                                                                                                                          | (IRS      Employer Identification No.) |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
| 5430      LBJ Freeway,  Suite 1700                                                                                                                                                                                     |
|        Dallas,      Texas   75240-2697                                                                                                      |
| (Address      of principal executive offices)                                                                                                                                                                                    |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                             |
| Registrant's      telephone number, including area      code:          (972) 233-1700                                                                           |
|                                                                                                                                                                                                                             |

| * | The      registrant has not yet been phased into the interactive data      requirements. |
|---|------------------------------------------------------------------------------------------|

|                                                                                            |                                                                  | Page   |
|-------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|--------|
|                                                                                            |                                                                  | number |
|                                                                                            |                                                                  |   |
| Part      I.                                                                                    | FINANCIAL      INFORMATION                                            |   |
|                                                                                            |                                                                  |   |
| Item      1.                                                                                    | Financial      Statements                                             |   |
|                                                                                            |                                                                  |   |
|                                                                                            | Condensed      Consolidated Balance Sheets -                          |   |
|                                                                                            | December      31, 2008; September 30, 2009 (Unaudited)                | 3      |
|                                                                                            |                                                                  |   |
|                                                                                            | Condensed      Consolidated Statements of Operations (Unaudited) -    |   |
|                                                                                            | Three      and nine months ended September 30, 2008 and 2009          | 5      |
|                                                                                            |                                                                  |   |
|                                                                                            | Condensed      Consolidated Statement of Stockholders'                |   |
|                                                                                            | Equity      and Comprehensive Income (Loss) (Unaudited) –       |   |
|                                                                                            | Nine      months ended September 30, 2009                             | 6      |
|                                                                                            |                                                                  |   |
|                                                                                            | Condensed      Consolidated Statements of Cash Flows (Unaudited) -    |   |
|                                                                                            | Nine      months ended September 30, 2008 and 2009                    | 7      |
|                                                                                            |                                                                  |   |
|                                                                                            | Notes      to Condensed Consolidated Financial Statements (Unaudited) | 8      |
|                                                                                            |                                                                  |   |
| Item      2.                                                                                    | Management's      Discussion and Analysis of Financial                |   |
|                                                                                            | Condition      and Results of Operations                              | 17     |
|                                                                                            |                                                                  |   |
| Item      3.                                                                                    | Quantitative      and Qualitative Disclosure About Market Risk        | 27     |
|                                                                                            |                                                                  |   |
| Item      4.                                                                                    | Controls      and Procedures                                          | 27     |
|                                                                                            |                                                                  |   |
| Part      II.                                                                                   | OTHER      INFORMATION                                                |   |
|                                                                                            |                                                                  |   |
| Item      1.                                                                                    | Legal      Proceedings                                                | 29     |
|                                                                                            |                                                                  |   |
| Item      1A.                                                                                   | Risk      Factors                                                     | 29     |
|                                                                                            |                                                                  |   |
| Item      6.                                                                                    | Exhibits                                                              | 29     |
|                                                                                            |                                                                  |   |
| Items      2, 3, 4 and 5 of Part II are omitted because there is no information to      report. |                                                                  |

|               ASSETS |   | December      31, |    |   | September      30, |   |
|--------------------------------------------------------------------------------------------|--------|-------------------|---------|--------|--------------------|--------|
|                                                                                       |   | 2008              |    |   | 2009               |   |
|                                                                                       |   |              |    |   | (Unaudited)        |   |
|                                                                                       |   |              |    |   |               |   |
| Current      assets:                                                                       |   |              |    |   |               |   |
| Cash      and cash equivalents                                                             |   | $                 | 13.6    |   |               | $      | 40.4 |   |
| Restricted      cash                                                                       |   |              | 1.5     |   |               |   | 1.1 |   |
| Accounts      and other receivables                                                        |   |              | 178.6   |   |               |   | 220.5 |   |
| Inventories                                                                                |   |              | 385.1   |   |               |   | 256.0 |   |
| Prepaid      expenses and other                                                            |   |              | 6.6     |   |               |   | 10.8 |   |
| Deferred      income taxes                                                                 |   |              | 4.1     |   |               |   | 4.3 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Total      current assets                                                                  |   |              | 589.5   |   |               |   | 533.1 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Other      assets:                                                                         |   |              |    |   |               |   |   |   |
| Investment      in TiO2      manufacturing joint venture                                   |   |              | 105.6   |   |               |   | 104.1 |   |
| Deferred      income taxes                                                                 |   |              | 166.4   |   |               |   | 197.7 |   |
| Other                                                                                      |   |              | 11.7    |   |               |   | 11.5 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Total      other assets                                                                    |   |              | 283.7   |   |               |   | 313.3 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Property      and equipment:                                                               |   |              |    |   |               |   |   |   |
| Land                                                                                       |   |              | 37.5    |   |               |   | 43.9 |   |
| Buildings                                                                                  |   |              | 215.9   |   |               |   | 230.6 |   |
| Equipment                                                                                  |   |              | 949.8   |   |               |   | 1,019.3 |   |
| Mining      properties                                                                     |   |              | 73.9    |   |               |   | 114.9 |   |
| Construction      in progress                                                              |   |              | 41.7    |   |               |   | 19.6 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
|                                                                                       |   |              | 1,318.8 |   |               |   | 1,428.3 |   |
| Less      accumulated depreciation and amortization                                        |   |              | 833.3   |   |               |   | 928.0 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Net      property and equipment                                                            |   |              | 485.5   |   |               |   | 500.3 |   |
|                                                                                       |   |              |    |   |               |   |   |   |
| Total      assets                                                                          |   | $                 | 1,358.7 |   |               | $      | 1,346.7 |   |
|                                                                                       |   |              |    |   |               |   |   |   |

| LIABILITIES      AND STOCKHOLDERS' EQUITY             |   | December      31, 2008 |    |   | September      30, 2009 |   |
|-------------------------------------------------------|--------|-----------------------------|---------|--------|------------------------------|--------|
|                                                  |   |                        |    |   | (Unaudited)                  |   |
|                                                  |   |                        |    |   |                         |   |
| Current      liabilities:                             |   |                        |    |   |                         |   |
| Current      maturities of long-term debt             |   | $                           | .8      |   |                         | $      | 1.7 |   |
| Accounts      payable and accrued liabilities         |   |                        | 195.3   |   |                         |   | 190.0 |   |
| Income      taxes                                     |   |                        | 3.7     |   |                         |   | 3.1 |   |
| Deferred      income taxes                            |   |                        | 4.6     |   |                         |   | 4.9 |   |
|                                                  |   |                        |    |   |                         |   |   |   |
| Total      current liabilities                        |   |                        | 204.4   |   |                         |   | 199.7 |   |
|                                                  |   |                        |    |   |                         |   |   |   |
| Noncurrent      liabilities:                          |   |                        |    |   |                         |   |   |   |
| Long-term      debt                                   |   |                        | 637.7   |   |                         |   | 641.6 |   |
| Deferred      income taxes                            |   |                        | 35.7    |   |                         |   | 41.6 |   |
| Accrued      pension cost                             |   |                        | 125.5   |   |                         |   | 123.6 |   |
| Accrued      postretirement benefit cost              |   |                        | 8.7     |   |                         |   | 9.7 |   |
| Other                                                 |   |                        | 28.8    |   |                         |   | 29.4 |   |
|                                                  |   |                        |    |   |                         |   |   |   |
| Total      noncurrent liabilities                     |   |                        | 836.4   |   |                         |   | 845.9 |   |
|                                                  |   |                        |    |   |                         |   |   |   |
| Stockholders'      equity:                            |   |                        |    |   |                         |   |   |   |
| Common      stock                                     |   |                        | .5      |   |                         |   | .5 |   |
| Additional      paid-in capital                       |   |                        | 1,061.8 |   |                         |   | 1,061.9 |   |
| Retained      deficit                                 |   |                        | (567.9  | )      |                         |   | (607.8 | ) |
| Accumulated      other comprehensive loss             |   |                        | (176.5  | )      |                         |   | (153.5 | ) |
|                                                  |   |                        |    |   |                         |   |   |   |
| Total      stockholders' equity                       |   |                        | 317.9   |   |                         |   | 301.1 |   |
|                                                  |   |                        |    |   |                         |   |   |   |
| Total      liabilities and stockholders’ equity |   | $                           | 1,358.7 |   |                         | $      | 1,346.7 |   |

|                                                                                                                                                               |   | Three      months ended |   |    | Nine      months ended |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|--------|---------|------------------------|--------|
|                                                                                                                                                               |   | September 30,           |   |    | September 30,          |   |
|                                                                                                                                                               |   | 2008                    |   |    | 2009                   |   |   | 2008 |   |   | 2009 |   |
|                                                                                                                                                               |   | (Unaudited)             |   |
|                                                                                                                                                               |   |                    |   |
| Net      sales                                                                                                                                                     |   | $                       | 345.6  |    |                   | $      | 310.1 |   |   | $ | 1,070.0 |   |   | $ | 840.2 |   |
| Cost      of sales                                                                                                                                                 |   |                    | 295.2  |    |                   |   | 250.6 |   |   |   | 903.3 |   |   |   | 762.4 |   |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Gross      margin                                                                                                                                                  |   |                    | 50.4   |    |                   |   | 59.5 |   |   |   | 166.7 |   |   |   | 77.8 |   |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Selling,      general and administrative expense                                                                                                                   |   |                    | 43.9   |    |                   |   | 39.2 |   |   |   | 134.2 |   |   |   | 108.1 |   |
| Currency      transaction gains (losses), net                                                                                                                      |   |                    | 2.6    |    |                   |   | 2.7 |   |   |   | (.3 | ) |   |   | 9.1 |   |
| Other      operating expense, net                                                                                                                                  |   |                    | (1.2   | )       |                   |   | (1.9 | ) |   |   | (4.9 | ) |   |   | (5.7 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      (loss) from operations                                                                                                                                 |   |                    | 7.9    |    |                   |   | 21.1 |   |   |   | 27.3 |   |   |   | (26.9 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Other      income (expense):                                                                                                                                       |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      income                                                                                                                                               |   |                    | .3     |    |                   |   | .1 |   |   |   | .9 |   |   |   | .1 |   |
| Interest      expense                                                                                                                                              |   |                    | (11.3  | )       |                   |   | (10.5 | ) |   |   | (33.0 | ) |   |   | (30.6 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      (loss) before income taxes                                                                                                                             |   |                    | (3.1   | )       |                   |   | 10.7 |   |   |   | (4.8 | ) |   |   | (57.4 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      tax expense (benefit)                                                                                                                                  |   |                    | .5     |    |                   |   | 2.1 |   |   |   | (6.6 | ) |   |   | (17.5 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income (loss)                                                                                                                                             |   | $                       | (3.6   | )  |                   | $      | 8.6 |   |   | $ | 1.8 |   |   | $ | (39.9 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income (loss) per basic and      diluted                  share |   | $                       | (.07   | )       |                   | $      | .17 |   |   | $ | .04 |   |   | $ | (.82 | ) |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Cash      dividends per share                                                                                                                                      |   | $                       | .25    |    |                   | $      | -  |   |   | $ | .75 |   |   | $ | - |   |
|                                                                                                                                                               |   |                    |   |    |                   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted weighted-average shares used in the calculation of net income      (loss) per share                                                         |   |                    | 49.0   |    |                   |   | 49.0 |   |   |   | 49.0 |   |   |   | 49.0 |   |

|                                 |   |              |    |   | Additional           |   |    |                  |   |   | Accumulatedother        |   |   | Total                     |    |   |                             |   |
|--------------------------------------|--------|-------------------|---------|--------|----------------------|--------|---------|-----------------------|--------|--------|-------------------------|--------|--------|---------------------------|---------|--------|----------------------------------|--------|
|                                 |   | Common stock |    |   | paid-in capital |   |    | Retained deficit |   |   | comprehensive loss |   |   | stockholders' equity |    |   | Comprehensive income (loss) |   |
|                                 |   | (Unaudited)       |    |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |
| Balance      at December 31, 2008    |   | $                 | .5      |   |                 | $      | 1,061.8 |                  |   | $      | (567.9                  | )      |   | $                         | (176.5  | )      |                             | $      | 317.9 |   |   |   |   |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |
| Net      loss                        |   |              | -       |   |                 |   | -       |                  |   |   | (39.9                   | )      |   |                      | -       |   |                             |   | (39.9 | ) |   | $ | (39.9 | ) |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |   |
| Other      comprehensive income, net |   |              | -       |   |                 |   | -       |                  |   |   | -                       |   |   |                      | 23.0    |   |                             |   | 23.0 |   |   |   | 23.0 |   |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |   |
| Issuance      of common stock        |   |              |  - |   |                 |   | .1      |                  |   |   | -                       |   |   |                      |  - |   |                             |   | .1 |   |   |   |  - |   |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |   |
| Balance      at September 30, 2009   |   | $                 | .5      |   |                 | $      | 1,061.9 |                  |   | $      | (607.8                  | )      |   | $                         | (153.5  | )      |                             | $      | 301.1 |   |   |   |   |   |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |   |
| Comprehensive      loss              |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   | $ | (16.9 | )  |
|                                 |   |              |    |   |                 |   |    |                  |   |   |                    |   |   |                      |    |   |                             |   |   |   |   |   |   |   |

|                                                               |   | Nine      months ended September 30, |    |
|--------------------------------------------------------------------|--------|-------------------------------------------|---------|
|                                                               |   | 2008                                      |    |   | 2009 |   |
|                                                               |   | (Unaudited)                               |    |
| Cash      flows from operating activities:                         |   |                                      |    |   |   |   |
| Net      income (loss)                                             |   | $                                         | 1.8     |   |   | $ | (39.9 | ) |
| Depreciation      and amortization                                 |   |                                      | 40.2    |   |   |   | 34.3 |   |
| Deferred      income taxes                                         |   |                                      | (7.7    | ) |   |   | (20.5 | ) |
| Benefit      plan expense greater (less) than cash funding:        |   |                                      |    |   |   |   |   |   |
| Defined      benefit pension plans                                 |   |                                      | (4.3    | ) |   |   | (2.4 | ) |
| Other      postretirement benefits                                 |   |                                      | .2      |   |   |   | .2 |   |
| Distributions      from TiO2      manufacturing joint venture |   |                                      | 4.9     |   |   |   | 1.5 |   |
| Other,      net                                                    |   |                                      | 1.8     |   |   |   | 1.4 |   |
| Change      in assets and liabilities:                             |   |                                      |    |   |   |   |   |   |
| Accounts      and other receivables                                |   |                                      | (40.3   | ) |   |   | (35.5 | ) |
| Inventories                                                        |   |                                      | 3.0     |   |   |   | 137.5 |   |
| Prepaid      expenses                                              |   |                                      | (2.2    | ) |   |   | (3.3 | ) |
| Accounts      payable and accrued liabilities                      |   |                                      | 14.7    |   |   |   | (5.4 | ) |
| Income      taxes                                                  |   |                                      | (2.0    | ) |   |   | .4 |   |
| Accounts      with affiliates                                      |   |                                      | 3.5     |   |   |   | (4.5 | ) |
| Other,      net                                                    |   |                                      |  - |   |   |   | (.3 | ) |
|                                                               |   |                                      |    |   |   |   |   |   |
| Net      cash provided by operating activities                     |   |                                      | 13.6    |   |   |   | 63.5 |   |
|                                                               |   |                                      |    |   |   |   |   |   |
| Cash      flows from investing activities:                         |   |                                      |    |   |   |   |   |   |
| Capital      expenditures                                          |   |                                      | (54.3   | ) |   |   | (17.3 | ) |
| Change      in restricted cash equivalents                         |   |                                      | .6      |   |   |   | .5 |   |
|                                                               |   |                                      |    |   |   |   |   |   |
| Net      cash used in investing activities                         |   |                                      | (53.7   | ) |   |   |  (16.8 | ) |
|                                                               |   |                                      |    |   |   |   |   |   |
| Cash      flows from financing activities:                         |   |                                      |    |   |   |   |   |   |
| Indebtedness:                                                      |   |                                      |    |   |   |   |   |   |
| Borrowings                                                         |   |                                      | 318.2   |   |   |   | 216.3 |   |
| Principal      payments                                            |   |                                      | (281.6  | ) |   |   | (240.5 | ) |
| Deferred      financing fees                                       |   |                                      | (1.2    | ) |   |   | (.6 | ) |
| Dividends      paid                                                |   |                                      | (36.7   | ) |   |   |  - |   |
|                                                               |   |                                      |    |   |   |   |   |   |
| Net      cash used in financing activities                         |   |                                      | (1.3    | ) |   |   | (24.8 | ) |
|                                                               |   |                                      |    |   |   |   |   |   |
| Cash      and cash equivalents - net change from:                  |   |                                      |    |   |   |   |   |   |
|   Operating,      investing and financing activities     |   |                                      | (41.4   | ) |   |   | 21.9 |   |
|   Currency      translation                              |   |                                      | (.5     | ) |   |   | 4.9 |   |
| Cash      and cash equivalents at beginning of period              |   |                                      | 72.2    |   |   |   | 13.6 |   |
|                                                               |   |                                      |    |   |   |   |   |   |
| Cash      and cash equivalents at end of period                    |   | $                                         | 30.3    |   |   | $ | 40.4 |   |
|                                                               |   |                                      |    |   |   |   |   |   |
| Supplemental      disclosures:                                     |   |                                      |    |   |   |   |   |   |
|   Cash      paid (received) for:                         |   |                                      |    |   |   |   |   |   |
|     Interest                                   |   | $                                         | 23.2    |   |   | $ | 20.7 |   |
|     Income      taxes                          |   |                                      | (.2     | ) |   |   | .6 |   |
|   Accrual      for capital expenditures                  |   |                                      | 3.3     |   |   |   | .4 |   |
|   Capital      lease obligation incurred                 |   |                                      | -       |   |   |   | 3.6 |   |

|                                       |   | December      31, 2008 |       |   | September      30, 2009 |   |
|--------------------------------------------|--------|-----------------------------|------------|--------|------------------------------|--------|
|                                       |   | (In      millions)          |       |
|                                       |   |                        |       |   |                         |   |
| Trade      receivables                     |   | $                           | 155.6      |   |                         | $      | 199.2 |   |
| Recoverable      VAT and other receivables |   |                        | 22.2       |   |                         |   | 23.8 |   |
| Refundable      income taxes               |   |                        | 1.2        |   |                         |   | - |   |
| Receivable      from affiliates:           |   |                        |       |   |                         |   |   |   |
| Income      taxes, net - Valhi             |   |                        | 1.2        |   |                         |   | - |   |
| Other                                      |   |                        | .2         |   |                         |   | - |   |
| Allowance      for doubtful accounts       |   |                        |  (1.8 | )      |                         |   | (2.5 | ) |
|                                       |   |                        |       |   |                         |   |   |   |
| Total                                      |   | $                           | 178.6      |   |                         | $      | 220.5 |   |

|                   |   | December      31, 2008 |   |   | September      30, 2009 |   |
|------------------------|--------|-----------------------------|--------|--------|------------------------------|--------|
|                   |   | (In      millions)          |   |
|                   |   |                        |   |   |                         |   |
| Raw      materials     |   | $                           | 67.1   |   |                         | $      | 44.3 |   |
| Work      in process   |   |                        | 19.8   |   |                         |   | 18.8 |   |
| Finished      products |   |                        | 243.0  |   |                         |   | 134.1 |   |
| Supplies               |   |                        | 55.2   |   |                         |   | 58.8 |   |
|                   |   |                        |   |   |                         |   |   |   |
| Total                  |   | $                           | 385.1  |   |                         | $      | 256.0 |   |

|                               |   | December      31, 2008 |      |   | September      30, 2009 |   |
|------------------------------------|--------|-----------------------------|-----------|--------|------------------------------|--------|
|                               |   | (In      millions)          |      |
|                               |   |                        |      |   |                         |   |
| Deferred      financing costs, net |   | $                           | 7.1       |   |                         | $      | 6.6 |   |
| Other                              |   |                        |  4.6 |   |                         |   | 4.9 |   |
|                               |   |                        |      |   |                         |   |   |   |
| Total                              |   | $                           | 11.7      |   |                         | $      | 11.5 |   |

|                                       |   |                        |   |   |                         |   |
|--------------------------------------------|--------|-----------------------------|--------|--------|------------------------------|--------|
|                                       |   | December      31, 2008 |   |   | September      30, 2009 |   |
|                                       |   | (In      millions)          |   |
|                                       |   |                        |   |   |                         |   |
| Accounts      payable                      |   | $                           | 113.5  |   |                         | $      | 89.0 |   |
| Employee      benefits                     |   |                        | 23.4   |   |                         |   | 27.5 |   |
| Accrued      sales discounts and rebates   |   |                        | 14.9   |   |                         |   | 18.2 |   |
| Accrued      interest                      |   |                        | 7.8    |   |                         |   | 17.7 |   |
| Payable      to affiliates:                |   |                        |   |   |                         |   |   |   |
|  Louisiana      Pigment Company, L.P. |   |                        | 14.3   |   |                         |   | 10.4 |   |
|  Income      taxes, net - Valhi       |   |                        | .4     |   |                         |   | 1.4 |   |
| Other                                      |   |                        | 21.0   |   |                         |   |   25.8 |   |
|                                       |   |                        |   |   |                         |   |   |   |
| Total                                      |   | $                           | 195.3  |   |                         | $      | 190.0 |   |

|                                                        |   | December      31, 2008 |   |   | September      30, 2009 |   |
|-------------------------------------------------------------|--------|-----------------------------|--------|--------|------------------------------|--------|
|                                                        |   | (In      millions)          |   |
|                                                        |   |                        |   |   |                         |   |
|                                                        |   |                        |   |   |                         |   |
| Kronos      International, Inc. - 6.5% Senior Secured Notes |   | $                           | 560.0  |   |                         | $      | 582.2 |   |
| Revolving      credit facilities:                           |   |                        |   |   |                         |   |   |   |
|    European      credit facility             |   |                        | 42.2   |   |                         |   | 26.3 |   |
|    U.S.      credit facility                 |   |                        | 13.7   |   |                         |   | 13.8 |   |
| Note      payable to affiliate                              |   |                        | 19.2   |   |                         |   | 14.1 |   |
| Other                                                       |   |                        | 3.4    |   |                         |   | 6.9 |   |
|                                                        |   |                        |   |   |                         |   |   |   |
| Total      debt                                             |   |                        | 638.5  |   |                         |   | 643.3 |   |
| Less      current maturities                                |   |                        | .8     |   |                         |   | 1.7 |   |
|                                                        |   |                        |   |   |                         |   |   |   |
| Total      long-term debt                                   |   | $                           | 637.7  |   |                         | $      | 641.6 |   |

|                                                                                                             |   | Nine      months ended September 30, |
|------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|
|                                                                                                             |   | 2008                                      |   | 2009 |
|                                                                                                             |   | (In      millions)                        |
|                                                                                                             |   |                                      |   |   |   |
| Expected      tax benefit, at U.S. federal statutory income tax rate of    35%                                   |   | $                                         | (1.7 | ) |   | $ | (20.1 | ) |
| Incremental      U.S. tax and rate differences on equity   in earnings of non-tax      group companies |   |                                      | (.3 | ) |   |   | .1 |   |
| Non-U.S.      tax rates                                                                                          |   |                                      | .5 |   |   |   | 1.8 |   |
| Nondeductible      expenses                                                                                      |   |                                      | 1.1 |   |   |   | 1.9 |   |
| U.S.      state income taxes, net                                                                                |   |                                      | .4 |   |   |   | .4 |   |
| Change      in reserve for uncertain tax positions                                                               |   |                                      | .8 |   |   |   | (.2 | ) |
| German      tax attribute                                                                                        |   |                                      | (7.2 | ) |   |   | (.4 | ) |
| Other,      net                                                                                                  |   |                                      | (.2 | )  |   |   |  (1.0 | ) |
|                                                                                                             |   |                                      |   |   |   |   |   |   |   |
|      Total                                                                              |   | $                                         | (6.6 | ) |   | $ | (17.5 | ) |

|                                            |   | Three      months ended |   |   | Nine      months ended |   |
|-------------------------------------------------|--------|-------------------------|--------|--------|------------------------|--------|
|                                            |   | September 30,           |   |   | September 30,          |   |
|                                            |   | 2008                    |   |   | 2009                   |   |   | 2008 |   |   | 2009 |   |
|                                            |   | (In      millions)      |   |
|                                            |   |                    |   |   |                   |   |   |   |   |   |   |   |
| Service      cost                               |   | $                       | 1.7    |   |                   | $      | 1.9 |   |   | $ | 5.2 |   |   | $ | 5.6 |   |
| Interest      cost                              |   |                    | 6.1    |   |                   |   | 5.6 |   |   |   | 18.6 |   |   |   | 16.9 |   |
| Expected      return on plan assets             |   |                    | (5.2   | )      |                   |   | (4.0 | ) |   |   | (15.6 | ) |   |   | (12.1 | ) |
| Amortization      of prior service cost         |   |                    | .3     |   |                   |   | .3 |   |   |   | .7 |   |   |   | .9 |   |
| Amortization      of net transition obligations |   |                    | .1     |   |                   |   | .1 |   |   |   | .4 |   |   |   | .3 |   |
| Recognized      actuarial losses                |   |                    | 1.4    |   |                   |   | 1.3 |   |   |   | 3.8 |   |   |   | 3.9 |   |
|                                            |   |                    |   |   |                   |   |   |   |   |   |   |   |   |   |   |   |
|      Total             |   | $                       | 4.4    |   |                   | $      | 5.2 |   |   | $ | 13.1 |   |   | $ | 15.5 |   |

|                                      |   | Three      months ended |    |   | Nine      months ended |   |
|-------------------------------------------|--------|-------------------------|---------|--------|------------------------|--------|
|                                      |   | September 30,           |    |   | September 30,          |   |
|                                      |   | 2008                    |    |   | 2009                   |   |   | 2008 |   |   | 2009 |   |
|                                      |   | (In      millions)      |    |
|                                      |   |                    |    |   |                   |   |   |   |   |   |   |   |
| Service      cost                         |   | $                       | .1      |   |                   | $      | .1 |   |   | $ | .2 |   |   | $ | .2 |   |
| Interest      cost                        |   |                    | .2      |   |                   |   | .2 |   |   |   | .6 |   |   |   | .5 |   |
| Amortization      of prior service credit |   |                    | (.1     | )      |                   |   | (.1 | ) |   |   | (.2 | ) |   |   | (.2 | ) |
| Recognized      actuarial losses          |   |                    |  - |   |                   |   |  - |   |   |   | .1 |   |   |   |  - |   |
|                                      |   |                    |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
|      Total       |   | $                       | .2      |   |                   | $      | .2 |   |   | $ | .7 |   |   | $ | .5 |   |

|                                     |   | December      31, 2008 |   |   | September      30, 2009 |   |
|------------------------------------------|--------|-----------------------------|--------|--------|------------------------------|--------|
|                                     |   | (In      millions)          |   |
|                                     |   |                        |   |   |                         |   |
| Reserve      for uncertain tax positions |   | $                           | 13.1   |   |                         | $      | 13.6 |   |
| Employee      benefits                   |   |                        | 8.9    |   |                         |   | 9.0 |   |
| Insurance      claims and expenses       |   |                        | 1.8    |   |                         |   | 1.6 |   |
| Other                                    |   |                        | 5.0    |   |                         |   | 5.2 |   |
|                                     |   |                        |   |   |                         |   |   |   |
| Total                                    |   | $                           | 28.8   |   |                         | $      | 29.4 |   |

|                                            |   | Fair Value Measurements |   |
|-------------------------------------------------|--------|-------------------------|--------|
|                                            |   | Total                   |   |   | Quoted      Prices in Active Markets (Level      1) |   |   | Significant      Other Observable Inputs (Level      2) |   |   | Significant      Unobservable Inputs (Level      3) |   |
|                                            |   | (in      millions)      |   |
|                                            |   |                    |   |   |   |   |   |   |   |   |   |   |
| Currency      forward contracts                 |   |                    |   |   |   |   |   |   |   |   |   |   |
|     December      31, 2008  |   | $                       | (1.6   | ) |   | $ | (1.6 | ) |   | $ | - |   |   | $ | - |   |
|     September      30, 2009 |   |                    | 2.7    |   |   |   | 2.7 |   |   |   | - |   |   |   | - |   |
|                                            |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| ·   | an      aggregate of $7.5 million for an equivalent value of Canadian dollars at      exchange rates ranging from Cdn. $1.25 to Cdn. $1.26 per U.S.      dollar.  These contracts with U.S. Bank mature from October 2009      through December 2009 at a rate of $2.5 million per month, subject to      early redemption provisions at our option.  At September 30, 2009,      the actual exchange rate was Cdn. $1.10 per U.S.  dollar. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | an      aggregate euro 21.4 million for an equivalent value of Norwegian kroner at      exchange rates ranging from kroner 8.70 to kroner 9.22 per euro.       These contracts with DnB Nor Bank ASA mature from October 2009 through      September 2010 at a rate of euro .1 million to euro 1.8 million per month,      subject to early redemption provisions at our option.  At      September 30, 2009, the actual exchange rate was kroner 8.46 per      euro. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                            |   | December      31,  |   |   | September      30, |   |
|-------------------------------------------------|--------|--------------------|--------|--------|--------------------|--------|
|                                            |   | 2008               |   |   | 2009               |   |
|                                            |   | CarryingAmount     |   |   | FairValue          |   |   | CarryingAmount |   |   | FairValue |   |
|                                            |   | (In      millions) |   |
|                                            |   |               |   |   |               |   |   |   |   |   |   |   |
| Cash,      cash equivalents and restricted cash |   | $                  | 15.1   |   |               | $      | 15.1 |   |   | $ | 41.5 |   |   | $ | 41.5 |   |
|                                            |   |               |   |   |               |   |   |   |   |   |   |   |   |   |   |   |
| Notes      payable and long-term debt:          |   |               |   |   |               |   |   |   |   |   |   |   |   |   |   |   |
| Fixed      rate with market quotes -            |   |               |   |   |               |   |   |   |   |   |   |   |   |   |   |   |
| 6.5%      Senior Secured Notes                  |   | $                  | 560.0  |   |               | $      | 129.4 |   |   | $ | 582.2 |   |   | $ | 370.0 |   |
| European      revolving credit facility         |   |               | 42.2   |   |               |   | 42.2 |   |   |   | 26.3 |   |   |   | 26.3 |   |
| U.S.      Bank revolving credit facility        |   |               | 13.7   |   |               |   | 13.7 |   |   |   | 13.8 |   |   |   | 13.8 |   |
| Note      payable to affiliate                  |   |               | 19.2   |   |               |   | 19.2 |   |   |   | 14.1 |   |   |   | 14.1 |   |
| Common      stockholders’ equity          |   |               | 317.9  |   |               |   | 570.4 |   |   |   | 301.1 |   |   |   | 504.9 |   |

| ·   | Future      supply and demand for our products |
|--------------------|------------------------------------------------|

| ·   | The      extent of the dependence of certain of our businesses on certain market      sectors |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | The      cyclicality of our businesses |
|--------------------|----------------------------------------|

| ·   | Customer      inventory levels (such as the extent to which our customers may, from time      to time, accelerate purchases of TiO2 in      advance of anticipated price increases or defer purchases of TiO2 in      advance of anticipated pricedecreases) |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Changes      in raw material and other operating costs (such as energy      costs) |
|--------------------|------------------------------------------------------------------------------------|

| ·   | General      global economic and political conditions (such as changes in the level of      gross domestic product in various regions of the world and the impact of      such changes on demand for TiO2) |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Competitive      products and substitute products |
|--------------------|---------------------------------------------------|

| ·   | Customer      and competitor strategies |
|--------------------|-----------------------------------------|

| ·   | Potential      consolidation or solvency of ourcompetitors |
|--------------------|------------------------------------------------------------|

| ·   | The      impact of pricing and productiondecisions |
|--------------------|----------------------------------------------------|

| ·   | Competitive      technology positions |
|--------------------|---------------------------------------|

| ·   | Possible      disruption of our business or increases in the cost of doing business      resulting from terrorist activities or global  conflicts |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      introduction of trade barriers |
|--------------------|-----------------------------------------|

| ·   | Fluctuations      in currency exchange rates (such as changes in the exchange rate between      the U.S. dollar and each of the euro, the Norwegian krone and the Canadian      dollar) |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Operating      interruptions (including, but not limited to, labor disputes, leaks,      natural disasters, fires, explosions, unscheduled or unplanned downtime      and transportation interruptions) |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      timing and amounts of insurancerecoveries |
|--------------------|----------------------------------------------------|

| ·   | Our      ability to renew, amend, refinance or comply with our credit      facilities |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | Our      ability to maintain sufficientliquidity |
|--------------------|--------------------------------------------------|

| ·   | The      ultimate outcome of income tax audits, tax settlement initiatives or other      tax matters |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | The      ultimate ability to utilize income tax attributes, the benefits of which      have been recognized under the more-likely-than-not recognition      criteria |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Environmental      matters (such as those requiring compliance with emission and discharge      standards for existing and newfacilities) |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Government      laws and regulations and possible changes  therein |
|--------------------|--------------------------------------------------------------------|

| ·   | The      ultimate resolution of pendinglitigation |
|--------------------|---------------------------------------------------|

| ·   | Possible      future litigation |
|--------------------|---------------------------------|

| ·   | Our      TiO2      sales and production volumes, |
|--------------------|--------------------------------------------------|

| ·   | TiO2      selling prices, |
|--------------------|---------------------------|

| ·   | Currency      exchange rates (particularly the exchange rate for the U.S. dollar      relative to the euro, Norwegian krone and the Canadian dollar),      and |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Manufacturing      costs, particularly raw materials, maintenance and energy-related      expenses. |
|--------------------|-----------------------------------------------------------------------------------------------------|

|                                                            |   | Three      months ended September      30, |   |
|-----------------------------------------------------------------|--------|-------------------------------------------------|--------|
|                                                            |   | 2008                                            |   |   | 2009 |   |
|                                                            |   | (Dollars      in millions)                      |   |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Net      sales                                                  |   | $                                               | 345.6  |   |   |   | 100 | % |   | $ | 310.1 |   |   |   | 100 | % |
| Cost      of sales                                              |   |                                            | 295.2  |   |   |   | 85 |   |   |   | 250.6 |   |   |   | 81 |   |
|  Gross      margin                                         |   |                                            | 50.4   |   |   |   | 15 |   |   |   | 59.5 |   |   |   | 19 |   |
| Other      operating expenses, net                              |   |                                            | 42.5   |   |   |   | 12 |   |   |   | 38.4 |   |   |   | 12 |   |
|   Income      from operations                         |   | $                                               | 7.9    |   |   |   | 3 | % |   | $ | 21.1 |   |   |   | 7 | % |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |   | % |   |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |   | Change |   |
| TiO2      operating statistics:                                 |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Sales      volumes*                                 |   |                                            | 121    |   |   |   |   |   |   |   | 124 |   |   |   | 3 | % |
|   Production      volumes*                            |   |                                            | 126    |   |   |   |   |   |   |   | 129 |   |   |   | 3 | % |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Percent      change in net sales:                   |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     TiO2      product pricing               |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   | (5 | )      % |
|     TiO2      sales volumes                 |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   | 3 |   |
|     TiO2      product mix                   |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   | (3 | ) |
|     Changes      in currency exchange rates |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   | (5 | ) |
|                                                            |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total                                   |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   | (10 | )% |

|                                           |   | Nine      months ended  September 30, |       |
|------------------------------------------------|--------|--------------------------------------------|------------|
|                                           |   | 2008                                       |       |   | 2009 |   |
|                                           |   | (Dollars      in millions)                 |       |
|                                           |   |                                       |       |   |   |   |   |   |   |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |
| Net      sales                                 |   | $                                          | 1,070.0    |   |   |   | 100 | % |   | $ | 840.2 |   |   |   | 100 | % |
| Cost      of sales                             |   |                                       | 903.3      |   |   |   | 84 |   |   |   | 762.4 |   |   |   | 91 |   |
| Gross      margin                              |   |                                       | 166.7      |   |   |   | 16 |   |   |   | 77.8 |   |   |   | 9 |   |
| Other      operating expenses, net             |   |                                       | 139.4      |   |   |   | 13 |   |   |   | 104.7 |   |   |   | 12 |   |
|   Income      (loss) from operations |   | $                                          |  27.3 |   |   |   | 3 | % |   | $ | (26.9 | ) |   |   | (3 | )% |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |   | % |   |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |   | Change |   |
| TiO2      operating statistics:                |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sales      volumes*                            |   |                                       | 389        |   |   |   |   |   |   |   | 335 |   |   |   | (14 | )% |
| Production      volumes*                       |   |                                       | 390        |   |   |   |   |   |   |   | 280 |   |   |   | (28 | )% |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Percent      change in net sales:              |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TiO2      product pricing                      |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   | - | % |
| TiO2      sales volumes                        |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   | (14 | ) |
| TiO2      product mix                          |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   | (2 | ) |
| Changes      in currency exchange rates        |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   | (5 | ) |
|                                           |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                          |   |                                       |       |   |   |   |   |   |   |   |   |   |   |   | (21 | )% |

|   | *      Thousands of metric tons |
|--------|---------------------------------|

|                               |   | Three      months endedSeptember      30, 2009 vs. 2008 |   |   | Nine      months endedSeptember      30, 2009 vs. 2008 |   |
|------------------------------------|--------|--------------------------------------------------------------|--------|--------|-------------------------------------------------------------|--------|
|                               |   | Increase      (decrease), in millions                        |   |
| Impact      on:                    |   |                                                         |   |   |                                                        |   |
| Net      sales                     |   | $                                                            | (17    | )      |                                                        | $      | (56 | ) |
| Income      (loss) from operations |   |                                                         | 2      |   |                                                        |   | 50 |   |

| ·   | Lower      income from operations in 2009 of $54.2million; |
|--------------------|------------------------------------------------------------|

| ·   | Lower      net cash used from relative changes in our inventories, receivables,      payables and accruals of $109.8 million in 2009 primarily due to our      reducing inventory levels, as discussed below;  and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Lower      distributions from our joint venture in 2009 of $3.4    million. |
|--------------------|-----------------------------------------------------------------------------|

| ·   | Our      average days sales outstanding (“DSO”) remained the same from December 31,      2008 to September 30, 2009; and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Our      average days sales in inventory (“DSI”) decreased from December 31, 2008      to September 30, 2009, as our TiO2      sales volumes exceeded our TiO2      production volumes in the first nine months of  2009. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | December      31, | September 30, | December      31, | September 30,                                                                                           |
|--------|-------------------|--------------------|-------------------|--------------------------------------------------------------------------------------------------------------|
|   | 2007              | 2008               | 2008              | 2009                                                                                                         |
|   |              |               |              |                                                                                                         |
| DSO    | 63      days      | 66      days       | 64      days      | 64      days                                                                                                 |
| DSI    | 59      days      | 55      days       | 113      days     |                 48      days |

| ·   | made      net payments of euro 12.0 million ($18.2 million when borrowed/repaid) on      our European revolving creditfacility; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------|

| ·   | had      nominal net borrowings on our U.S. revolving credit facility;      and |
|--------------------|---------------------------------------------------------------------------------|

| ·   | made      net payments of $5.1 million on our revolving note with our affiliate,      NL. |
|--------------------|-------------------------------------------------------------------------------------------|

| ·   | euro      400 million principal amount of our 6.5% Senior Secured Notes ($582.2      million) due in 2013; |
|--------------------|------------------------------------------------------------------------------------------------------------|

| ·   | euro      18.0 million ($26.3 million) under our European revolving credit facility      which matures in May 2011; |
|--------------------|---------------------------------------------------------------------------------------------------------------------|

| ·   | $13.8      million under our U.S. revolving credit facility which matures in      September 2011; |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | $14.1      million under our revolving note with NL which matures in December 2009;      and |
|--------------------|----------------------------------------------------------------------------------------------|

| ·   | Approximately      $6.9 million of other indebtedness. |
|--------------------|--------------------------------------------------------|

| ·   | Pertain      to the maintenance of records that in reasonable detail accurately and      fairly reflect the transactions and dispositions of our      assets, |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Provide      reasonable assurance that transactions are recorded as necessary to permit      preparation of financial statements in accordance with GAAP, and that our      receipts and expenditures are being made only in accordance with      authorizations of our management and directors,  and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Provide      reasonable assurance regarding prevention or timely detection of an      unauthorized acquisition, use or disposition of our assets that could have      a material effect on our Condensed Consolidated Financial      Statements. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1 | -       Fourth Amendment Agreement Relating to a Facility Agreement dated      June 25, 2002 executed as of September 15, 2009 by and among Deutsche Bank      AG, as mandated lead arranger, Deutsche Bank Luxembourg S.A., as agent,      the participating lenders, Kronos Titan GmbH, Kronos Europe S.A., /N.V,      Kronos Titan AS, Kronos Norge AS, Titania AS and Kronos Denmark ApS –      incorporated by reference to Exhibit 10.1 to the Form 10-Q of Kronos      International, Inc. (File No. 333-1000047) dated November 2,      2009.  Certain schedules, exhibits, annexes and similar      attachments to this Exhibit 10.1 have not been filed; upon request, the      registrant will furnish supplementally to the Commission a copy of any      omitted schedule, exhibit, annex orattachment. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.1      -  Certification |
|--------------------------------------|

| 31.2      -  Certification |
|--------------------------------------|

| 32.1      -  Certification |
|--------------------------------------|

| Date        November 2,      2009 |   | /s/ Gregory M.    Swalwell_______                                                                                                |
|---------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------|
|                                        |   | Gregory      M. Swalwell                                                                                                         |
|                                        |   | Executive      Vice President and Chief Financial Officer(Principal      Financial Officer)                                      |
|                                        |   |                                                                                                                             |
|                                        |   |                                                                                                                             |
| Date        November 2,      2009 |   | /s/ Tim C.      Hafer          ______       |
|                                        |   | Tim      C. Hafer                                                                                                                |
|                                        |   | Vice      President and Controller(Principal      Accounting Officer)                                                            |