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Chemetall GmbH increases prices for organolithium products
Chemetall GmbH, announced that effective September 1st, 2011, prices for organolithium products will be increased by 8 percent.
15-Aug-2011
QuimiNet
Polymers
Alliances and Mergers, Price Changes
Alliances and Mergers, Price Changes
Foto por: © Getty Images
Lata de aluminio
Chemetall GmbH, a wholly owned subsidiary of Rockwood Holdings Inc. (NYSE: ROC), announced today that effective September 1st, 2011, as contracts permit, prices for organolithium products will be increased by 8 percent.
“The company is taking this action to recover the increased costs for energy, raw materials, solvents and transport,” said Dr. Steffen Haber, President of Chemetall GmbH.
Butyllithium is the most important lithium containing organometallic compound. It is used in organic synthesis and for the production of polymers.
Chemetall continues to develop cost-effective and reliable sources of supply and has invested in new capacities and cost-effective technologies. Appropriate prices are necessary to ensure that the company will remain a long-term reliable and innovative partner for the company’s global customers.
Chemetall is the world's leading manufacturer of lithium-based compounds and an innovative developer of metal-based fine chemicals for use in specialty applications. Chemetall's lithium-based compounds are used in a variety of high growth applications, including base chemicals for numerous industries, drug intermediates, elastomers for car tires and rubber soles, lithium batteries, thermoplastic materials and high performance greases. Chemetall has lithium production facilities in the United States, Chile, Germany and Taiwan.
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