Rockwood titanium dioxide up

Published: Thursday, 30 April 2009

US chemical group increases TiO2 pigment sales, but overall earnings & sales down

US chemical group, Rockwood Holdings Inc., increased its Q1 2009 sales in its Titanium Dioxide (TiO2) Pigment segment by 19% to $139.0m. although earnings (adjusted EBITDA) for this unit fell 3.2% to $21.5m.

Rockwood blamed lower volume sales and higher energy and raw material costs for the...

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