Company Overview of Rockwood Specialties Group Inc.
Rockwood Specialties Group, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals and materials for industrial and commercial purposes. The company’s Specialty Chemicals segment develops and manufactures metal surface treatment products and services for the automotive, aerospace, and general industrial markets; lithium compounds and chemicals, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents; synthetic metal sulfides used in brake pads, clutch facings, and cutting and grinding wheels; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyr...
7101 Muirkirk Road
Beltsville, MD 20705
Founded in 2000
Key Executives for Rockwood Specialties Group Inc.
Chairman, Chief Executive Officer, Chairman of Rockwood Holdings Inc and Chief Executive Officer of Rockwood Holdings Inc
President and Chief Operating Officer
Chief Financial Officer, Senior Vice President, Director, Chief Financial Officer of Rockwood Holdings Inc and Senior Vice President of Rockwood Holdings
President of Color Pigments and Services
President of Timber Treatment Chemicals
Compensation as of Fiscal Year 2014.
Rockwood Specialties Group Inc. Key Developments
Albemarle Corporation Announces Commencement of Consent Solicitation for Rockwood Specialties Group Inc.'s Note
Jan 20 15
Albemarle Corporation announced the commencement of a consent solicitation relating to the 4.625% Senior Notes due 2020 which were issued by Rockwood Specialties Group Inc. and are guaranteed by Albemarle. As of January 16, 2015, there was $1,249,340,000 aggregate principal amount of Notes outstanding. The consent solicitation will expire at 5:00 p.m., New York City time, on January 28, 2015, unless extended or earlier terminated. It is subject to the terms and conditions set forth in the consent solicitation statement, dated January 20, 2015, including receipt of consents from holders of at least a majority in principal amount of the outstanding Notes. Subject to the terms and conditions of the consent solicitation, the Companies are offering to pay each holder who validly delivers (and does not validly revoke) its consent prior to the Expiration Date a cash payment of $2.50 per $1,000 aggregate principal amount of Notes consented. The companies will not be obligated to make any payments if the consent solicitation is terminated for any reason before the expiration date, the requisite consents are not obtained prior to the expiration date or if the other conditions to the consent solicitation are not satisfied or waived.
Rockwood Announces Commencement of Asset Sale Offer to Purchase Up to $400 Million of Senior Notes
Apr 17 14
Rockwood Holdings Inc. announced that its wholly-owned subsidiary Rockwood Specialties Group Inc. is commencing a cash tender offer to purchase up to $400 million aggregate principal amount of its 4.625% Senior Notes due 2020, at a purchase price of 100% of the principal amount thereof, plus accrued and unpaid interest thereon, to but not including the date of purchase. The Asset Sale Offer is being made pursuant to the indenture governing the Notes as a result of the company's sale of its Advanced Ceramics segment and Clay-based Additives business. Those sales constituted "Asset Sales" under the indenture governing the Notes. The source of funds is cash on hand. The Asset Sale Offer will expire at midnight, New York City time, on May 14, 2014, unless extended by RSGI, in its sole discretion. If the aggregate principal amount of Notes validly tendered in the Asset Sale Offer exceeds the Offer Amount, the trustee under the indenture governing the Notes will select the Notes to be accepted for purchase on a pro rata basis. Tenders of the Notes must be made on or prior to the Expiration Time and may be validly withdrawn at any time on or prior to the Expiration Time.
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