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Such statements by their nature involve risks and uncertainties, including, but not limited to, the cyclicality of the titanium dioxide industry, global economic and political conditions, global productive capacity, customer inventory levels, changes in product pricing, changes in product costing, changes in foreign currency exchange rates, competitive technology positions, operating interruptions (including, but not limited to, labor disputes, leaks, fires, explosions, unscheduled downtime, transportation interruptions, war and terrorist activities), recoveries from insurance claims and the timing thereof, the ultimate resolution of pending or possible future lead pigment litigation and legislative developments related to the lead paint litigation, the outcome of other litigation, and other risks and uncertainties detailed in NL Industries, Inc.'s Securities and Exchange Commission filings.
Should one or more of these risks materialize (or the consequences of such a development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those forecasted or expected. NL Industries, Inc. disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
NL Industries, Inc. is primarily a holding company. NL Industries operates in the component products industry through its majority-owned subsidiary, CompX International Inc. (NYSE American: CIX). NL Industries operates in the chemicals industry through its noncontrolling interest in Kronos Worldwide, Inc. (NYSE: KRO). NL Industries is based in Dallas, Texas and is a subsidiary of Valhi, Inc.