Rockwood Holdings 3Q Profit Jumps 87.4 Percent

Battery Metals

Bloomberg reported that Rockwood Holdings Inc’s (NYSE:ROC) profits rose 87.4 percent after sales surged for lithium, surface treatment and clay-based additives.

Bloomberg reported that Rockwood Holdings Inc’s (NYSE:ROC) profits rose 87.4 percent after sales surged for lithium, surface treatment and clay-based additives.

As quoted in the market news:

Rockwood said that sales rose 17.4 percent for specialty chemicals, 6.9 percent for performance additives, and 31.1 percent for titanium dioxide as it increased prices. Sales of advanced ceramics increased 11.6 percent on higher sales volumes in cutting tool and mechanical applications.

Click here to read the full Bloomberg report

The Conversation (0)
×