VALHI INC DE
For the period ended May 23, 2024. Filed Apr 3, 2024.
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May 23, 2024 · Filed Apr 3, 2024
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IT Data Services Program
IT Data Services Program. Contran and Kronos Worldwide participate in a combined information technology data services program that Contran provides from off-site centers for primary data processing and failover. The program’s costs are apportioned among these companies. Kronos Worldwide paid Contran $0.4 million for such services in 2023. We expect that the relationship between Kronos Worldwide and Contran with respect to these matters will continue in 2024. During 2023, the audit committee of Kronos Worldwide approved and ratified its participation in the IT data services program in accordance with the terms of its own related party transactions policy.
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