Valhi, Inc. operates as a holding company with three primary business segments: Chemicals, Component Products, and Real Estate Management and Development. The Chemicals segment, which accounts for the vast majority of the company's revenue (over 90%), operates through its majority-owned subsidiary Kronos Worldwide, Inc. Kronos is a leading global producer of value-added titanium dioxide (TiO2) pigments used to impart whiteness, brightness, and opacity to paints, plastics, paper, and other applications. The Component Products segment operates through CompX International Inc., manufacturing mechanical and electrical cabinet locks, security products, and stainless steel exhaust components for the recreational marine industry. The Real Estate Management and Development segment operates through Basic Management, Inc. and The LandWell Company, focusing on land holdings in Henderson, Nevada, for commercial, industrial, and residential purposes. Geographically, Valhi generates revenue globally, with a significant presence in North America and Europe. The company is a "controlled company" under NYSE standards, with the majority of its stock held by Contran Corporation.