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Rockwood Press Release
Chemetall Inaugurates New Surface Treatment Plant
In Cayirova, Kocaeli, Turkey
Chemetall Turkey – a central hub for Turkey and Middle East
Princeton, NJ USA (April 23, 2010) – Chemetall Surface Treatment Turkey, a unit of Rockwoood Holdings, Inc. (NYSE:ROC), has announced the formal opening of its production facility in Cayirova, Kocaeli, Turkey, for Friday, April 30th, 2010.
The new production facility will provide enhanced capabilities to various manufacturing sectors, including automotive, auto parts, aerospace, cold forming (tube and wire mills), general industry (like appliance, aluminium finishing, heavy equipment) as well as steel and aluminum mills.
Chemetall, which has been operating in Turkey for more than 25 years, has completed its new investment in the Taysad Organized Industrial Zone (TOSB), combining its former plants in Gebze and Bursa, as well as its offices in Istanbul, under one single roof.
“This will allow us once again to carry out our operation more efficiently and improve our overall quality as well as our delivery performance,” commented Ümit Kayacan, managing director of Chemetall Turkey.
Completed in 2009, the plant produces Chemetall’s surface treatment product lines along with PVC underbody coating and sealants materials used in the automotive industry. Chemetall manufactures these products under licence from the Swiss company Eftec for both the Turkish and South African market.
The new facility comprises a 5,000-square-meter plant on an 11,000-square-meter site. The full service plant has a complete infrastructure and is supported by about 50 employees committed to customer services.
“Chemetall Turkey is fully committed to its motto, “much more than chemistry”. Turkey and the Middle East is a very important region with a large potential for growth”, stated Ümit Kayacan.
“TOSB was chosen for its strategic position and proximity to our main customers and logistic infrastructure. Moreover, the new production unit allows us to meet our current and future customers’ demands and expand our customer base” emphasized Ahmet Gunaydin, chief financial officer.
Chemetall is committed to environmental protection and preservation. In addition to having ISO 9001 (2000) and ISO TS 16949 (2002) certifications, Chemetall is pursuing ISO 14001 (2004) certification. The new plant also minimizes the environmental impact through the use of natural ventilation and lighting.
The new pretreatment production plant assures an ongoing quality improvement of produced product range.
“In line with Chemetall’s policy we will continue to offer our customers environmentally friendly processes. Customers will reduce both their energy and water consumption considerably and realize important savings in process costs by converting classical conversion coatings to our modern Oxsilan technology,”, said Osman Barlas, sales manager.
Many domestic as well as foreign guests will attend the inauguration ceremony, the company said.
Chemetall, a unit of Rockwood Holdings, Inc. (NYSE: ROC), is a global company committed to specialty chemistry with 3,000 employees worldwide. The group's activities focus on products and processes for the chemical treatment of metal surfaces and plastics, as well as selected fields of fine chemistry, including lithium and cesium compounds. For more information, please visit www.chemetall.com.
Rockwood Holdings, Inc. is a leading global specialty chemicals and advanced materials company. Rockwood has a worldwide employee base of approximately 9,500 people and annual net sales of approximately $3.0 billion. Rockwood focuses on global niche segments of the specialty chemicals, 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 2009 Form 10-K 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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