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    lithium investing

    Rockwood Holdings Plans to Sell Ceramic Materials Unit

    Investing News Network
    Feb. 08, 2013 06:37PM PST
    Battery Metals

    Bloomberg reported that the world’s largest lithium products producer, Rockwood Holdings Inc., is considering the sale of a ceramic materials unit CeramTec, which gives the company an annual revenue of $550 million.

    Bloomberg reported that the world’s largest lithium products producer, Rockwood Holdings Inc., is considering the sale of a ceramic materials unit CeramTec, which gives the company an annual revenue of $550 million.

    As quoted in the market news:

    CeramTec may be valued at about $1 billion based on the average multiple paid in ceramic products deals in North America and western Europe in the last five years.

    Click here to read the full Bloomberg report.

    europelithium investingrockwood holdingsrockwood holdings inc
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