HUNT VALLEY, Md., Feb. 4, 2004 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") announced today that A. Mickey Foster, Vice President of Corporate and Investor Relations, will leave the Company, effective February 6, 2004 to pursue other opportunities. Mr. Foster served as Vice President, Corporate and Investor Relations since Millennium was founded in 1996. He also served in the same capacity with Millennium's predecessor company, Hanson, since 1992.
Millennium has appointed Thomas Van Valkenburgh, Manager - Investor Relations. Van Valkenburgh has spent five years with Millennium in the TiO2 Sales and Marketing department before becoming Manager - Investor Relations for the past six months. Mr. Van Valkenburgh has an undergraduate degree in Business from Purdue University and is currently working on a MBA at University of Maryland's R.H. Smith Business School. Tom will report to John E. Lushefski, Executive Vice President and Chief Financial Officer.
"We want to thank Mickey for all of his efforts on Millennium's behalf and wish him well in his future endeavors," said Robert E. Lee, President and Chief Executive Officer.
Millennium Chemicals (website: www.millenniumchem.com) is a major international chemicals company, with leading market positions in a broad range of commodity, industrial, performance and specialty chemicals.
Millennium Chemicals is:
-- The second-largest producer of TiO2 in the world, the largest
merchant seller of titanium tetrachloride and a major producer
of zirconia, silica gel and cadmium-based pigments;
-- The second-largest producer of acetic acid and vinyl acetate
monomer in North America;
-- A leading producer of terpene-based fragrance and flavor
chemicals; and,
-- Through its 29.5% interest in Equistar Chemicals, LP, a partner in
the second-largest producer of ethylene and third-largest producer
of polyethylene in North America, and a leading producer of
performance polymers, oxygenated chemicals, aromatics and specialty
petrochemicals.