Rockwood post higher revenues and earnings on stronger battery demand
Published: Wednesday, 05 November 2014
The lithium, potash and titanium dioxide (TiO2) producer posts strong results underlining the effect its recent acquisition has had in the business and strong demand from the lithium-ion battery market.
Rockwood Holdings today outlined the significant demand
growth it has seen in surface treatment, lithium battery
applications and in potash over Q3 2014.
Revenue from lithium however slipped year-on-year, to
$117.2m, in Q3 2014, while EBITDA* in this business rose 25% to