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Rockwood Splits Chemetall Business Unit

11:08 AM MDT | September 4, 2012 | Rebecca Coons

Rockwood Holdings says it has split its Chemetall lithium subsidiary into two separate, legal entities: Chemtall and Rockwood Lithium. Chemtall will consist of Rockwood’s surface treatment business, while the company’s lithium and special metals business—already doing business under the brand name Rockwood Lithium—will be officially renamed Rockwood Lithium. “By splitting these two different businesses into independent companies, we are better positioned to focus on their individual strengths,” says Rockwood chairman and CEO...

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