1328910--3/14/2008--TRONOX

related topics

{cost, regulation, environmental}

{debt, indebtedness, cash}

{condition, economic, financial}

{property, intellectual, protect}

{cost, operation, labor}

{cost, contract, operation}

{operation, international, foreign}

{competitive, industry, competition}

{product, market, service}

{acquisition, growth, future}

{operation, natural, condition}

The actual costs of environmental remediation and restoration could exceed estimates. Interruptions of operations at our facilities may result in liabilities or lower operating results. Violations or noncompliance with the extensive environmental, health and safety laws and regulations to which we are subject could result in unanticipated loss or liability. The amount of our debt could adversely affect our financial condition, limit our ability to pursue business opportunities, reduce our operating flexibility or put us at a competitive disadvantage. The terms of our senior secured credit facility and our indenture governing the unsecured notes contain a number of restrictive and financial covenants that could limit our ability to pay dividends or to operate effectively in the future. If we are unable to comply with these covenants, our lenders could accelerate the repayment of our indebtedness. We may need additional capital in the future and may not be able to obtain it on favorable terms, if at all. Market conditions and cyclical factors that adversely affect the demand for the end-use products that contain our titanium dioxide could adversely affect our results. Our business, financial condition and results of operations could be adversely affected by global and regional economic downturns and other conditions. Our results of operations may be adversely affected by fluctuations in currency exchange rates. Our industry and the end-use markets in which we compete are highly competitive. This competition may adversely affect our results of operations and operating cash flows. Fluctuations in costs of our raw materials or our access to supplies of our raw materials could have an adverse effect on our results of operations. The labor and employment laws in many jurisdictions in which we operate are more restrictive than in the U.S. Our relationship with our employees could deteriorate, which could adversely affect our operations. Third parties may develop new intellectual property rights for new processes and/or products that we would want to use, but would be unable to do so; or, third parties may claim that the products we make or the processes we use infringe their intellectual property rights, which may cause us to pay unexpected litigation costs or damages or prevent us from making, using or selling the products we make or require us to alter the processes we use. If we are not able to continue our technological innovation and successful commercial introduction of new products, our profitability could be adversely affected. If our intellectual property were compromised or copied by competitors, or if competitors were to develop similar intellectual property independently, our results of operations could be negatively affected.

Full 10-K form ▸

1328910--3/14/2008--TRONOX_INC