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Rockwood develops, manufactures, and markets specialty chemicals and advanced materials used for industrial and commercial purposes.
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Rockwood Holdings is a global specialty chemicals and advanced materials company based in the United States. The company was founded in 2000 and is headquartered in Princeton, New Jersey. Rockwood Holdings operates in two main business segments: Lithium and Surface Treatment.
In the Lithium segment, the company produces lithium compounds used in various applications such as batteries, ceramics, lubricants, and pharmaceuticals. The Surface Treatment segment involves the production of specialty chemicals and materials used in the surface treatment of metals and other materials. As a global company, Rockwood Holdings has a significant presence in key markets around the world.
The company operates several notable subsidiaries, joint ventures, and partnerships. One of its notable subsidiaries is Lithium Corp., a leading producer of specialty lithium compounds. Additionally, Rockwood Holdings has joint ventures with companies like Albemarle Corporation and Mitsubishi Corporation, enhancing its global reach and capabilities.
In terms of market position, Rockwood Holdings has established itself as a prominent player in the specialty chemicals industry. The company has a strong global sales presence and competes with other major players such as Albemarle Corporation, SQM, and FMC Corporation. Rockwood Holdings has achieved several milestones and made noteworthy changes in its strategy and product lineup.
In 2014, the company divested its Advanced Ceramics business to CeramTec, focusing on its core businesses. Additionally, Rockwood Holdings acquired Talison Lithium in 2013, strengthening its position in the lithium market. Currently, Rockwood Holdings operates as a subsidiary of Albemarle Corporation.
The company was acquired by Albemarle in 2015, and since then, it has been operating as part of Albemarle's lithium business unit. In conclusion, Rockwood Holdings is a global specialty chemicals and advanced materials company with a significant presence in the United States and worldwide. The company offers a wide range of lithium compounds and surface treatment chemicals, and it has achieved notable milestones and changes in its strategy.
As a subsidiary of Albemarle Corporation, Rockwood Holdings continues to operate in the market as a prominent player in the industry
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