Tronox, a spin-off of Kerr-McGee's leading titanium dioxide production business, priced 17.5 million shares at $14, the low end of its revised $14-$16 range. The company originally planned to offer 17.5 million shares at $18.50-$20.50. Lehman Brothers and J.P. Morgan headed the long list of underwriters on the deal. Expect the stock to begin trading on the NYSE this morning under the symbol "TRX."

