Resumen de Albemarle-Rockwood merger to target growing lithium market
Robert Zatta, Rockwood's recently installed CEO, said that the two firms' complementary portfolios are "expected to generate significant growth through the continued penetration of lithium-based energy storage products, compelling secular trends driving global catalyst growth, attractive surface treatment prospects and new bromine applications." "We expect that there will be an inflection point in lithium around 2017 (...) We remain excited about this business' growth potential," Albemarle's [Luke Kissam] said.
In 2011, Albemarle developed a proprietary method for extracting lithium from brine, but Kissam said the company now plans to utilise Rockwood's expertise in lithium production to evaluate the Magnolia project's economic potential.
