Rockwood Holdings CEO outlines growth strategy

Ghasemi: Targeting 20% earnings growth. Rockwood Holdings executives have laid out the company’s plans for meeting a 20%/year earnings growth target, including capacity expansions to position its lithium business for the upcoming influx of electric vehicles (EVs) and efforts to offload its underperforming titanium dioxide (TiO2) asset. Speaking to attendees at the company’s investor day, held last week in New York, Rockwood CEO Seifi Ghasemi said the company would focus its portfolio on markets in which it holds a number-1 or number-2...

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