Industrial Minerals


Rockwood improves Q4 earnings

17 February 2010

by Mark Watts

Lithium and TiO2 group reports stronger quarter based on cost cutting programmes

Keywords: Rockwood, lithium, titanium dioxide, TiO2, iron oxide, Chemetall

US speciality materials group Rockwood Holdings Inc. posted a 17.6% increase in operating profits in Q4 2009 compared to the same period a year earlier.

 

Rockwood, which has titanium dioxide (TiO2), iron oxide and lithium assets, said the increase in EBITDA* to $154.9m. was due to a continued focus on controlling costs and a...