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Rockwood Press Release
Rockwood Appoints Monika Engel-Bader
President of Chemetall
Princeton, NJ USA (January 22, 2007) – Rockwood Holdings, Inc. (NYSE: ROC), has announced that Dr. Monika Engel-Bader has been appointed to the position of president of Chemetall GmbH and related businesses.
In this position, Dr. Engel-Bader will have full responsibility for Rockwood’s global specialty chemicals segment, consisting of surface treatment, lithium/fine chemicals, special metals and metal sulfides.
Dr. Engel-Bader joined Rockwood in February 2004 as president of Chemetall’s Lithium/Fine Chemicals business. She previously spent 15 years with Celanese Corporation (formerly Hoechst AG), most recently as vice president of Ticona, the technical polymer division of Celanese. She has a Ph.D. in chemistry from the University of Mainz and a degree from the University of Economics in Cologne. She will continue to be based in Frankfurt, Germany.
In announcing the appointment, Seifi Ghasemi, chairman and chief executive of Rockwood, said, “Dr. Engel-Bader has provided excellent leadership to our lithium/fine chemicals business in the past three years. She has the technical, business and management skills to move us forward in her new leadership role.”
Chemetall is the world’s largest supplier of lithium and lithium-based compounds, a leading supplier of special metals and one of the largest suppliers of surface treatment chemicals and services to metal working industries.
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 billion. The company 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 the 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 2005 Form 10-K dated March 31, 2006 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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