Rockwood’s Sachtleben Venture Agrees To Acquire Crenox Titanium Dioxide Production Assets And Inventory
crenox GmbH has been under administration since 2009, as a result of the creditor protection proceedings affecting its former parent company TRONOX Inc. The crenox staff of around 550 will join Sachtleben as part of the transfer of undertaking.
Rockwood Holdings, Inc. is a leading global inorganic specialty chemicals and advanced materials company. Rockwood has a worldwide employee base of approximately 9,700 people and annual net sales of approximately $3.7 billion. The company focuses on global niche segments of the lithium, surface treatment, pigments and additives and advanced materials markets. For more information on Rockwood, please visit www.rocksp.com.
The information set forth in this press release contains certain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 concerning the business,
operations and financial condition of Rockwood Holdings, Inc. and its
subsidiaries and affiliates ("Rockwood"). Words such as "anticipates,"
"believes," "estimates," "expects," "forecasts," "predicts" and
variations of such words or expressions are intended to identify
forward-looking statements. Although Rockwood believes the expectations
reflected in such forward-looking statements are based upon reasonable
assumptions, there can be no assurance that its expectations will be
realized. "Forward-looking statements" consist of all non-historical
information, including any statements referring to the prospects and
future performance of Rockwood. Actual results could differ materially
from those projected in Rockwood's forward-looking statements due to
numerous known and unknown risks and uncertainties, including, among
other things, the "Risk Factors" described in Rockwood's periodic
reports on file with the Securities and Exchange Commission. Rockwood
does not undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on which any
such statement is made or to reflect the occurrence of unanticipated
events.
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