Rockwood Lithium, a division of Rockwood Holdings ROC, announced
that prices for butyllithium will be increased by 4 to 6 percent, effective
today, as contracts permit.
“The company is taking this action to recover the increased costs for raw
materials,” said Dr. Gerd Michael Kraemer, Vice President Global Marketing and
R&D of Rockwood Lithium. “Prices for lithium-based raw material as well as
energy costs at our various locations continue to increase and require this
adjustment.”
Butyllithium is the most important lithium containing organometallic compound.
It is used in organic synthesis and as initiator for the anionic
polymerization of synthetic rubber.
Rockwood Lithium 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 Rockwood Lithium will remain a
long-term reliable and innovative partner for the company's global customers.
Rockwood Lithium is the leading iOCnternational producer of lithium compounds.
The lithium production facilities are conveniently located in Germany, the
U.S., Chile, India and Taiwan. Since 2004 this business is part of Rockwood
Holdings, Inc. In 2012 the brand name changed from Chemetall Lithium to
Rockwood Lithium.
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