Page 11, our Surface Treatment business again continues to do very well under the guidance of our excellent management team there. Margins improved to 21.2% as a result of higher prices and higher volumes in the United States and Asia. We fully expect this business to continue as a strong performance for the balance of the year. Our new state-of-the-art plant for this business being built in Michigan will come on stream by the end of this year and it will strengthen our position in the important U.S. markets.Page 12, our Performance Additives sector where we have significant exposure to the construction market, volumes are slightly down, but prices are up. We have said previously in our calls for the last two years that we do not expect material improvement in this sector until 2014. Considering the outlook for the business, we have also moved the start off of our new Color Pigment business from 2014 to early 2015. This is the plant that we are building in Georgia.
Rockwood Holdings' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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