Ceramic Industry

CeramTec Signs Strategic Contract (posted 10/10/08)

October 10, 2008

CeramTec North America Corp. (CTNA) recently announced the signing of a strategic contract with a U.S.-based company to supply key technical ceramics for manufacturing petrochemical derivatives. In making the announcement, Michael Mueller, CeramTec’s president, was joined by Seifi Ghasemi, chairman and chief executive officer of Rockwood Holdings, Inc.; Robert Zatta, chief financial officer of Rockwood; and Ulf-D Zimmermann, Ph.D., chairman of CeramTec AG.

The multimillion-dollar manufacturing agreement covers a period of 10 years, with the possibility of future extensions. The initial phase, known as the 3-C project, begins immediately and targets a manufacturing startup slated for mid-2009.

“This is a significant business venture for CTNA, underscoring our commitment to growth and continuous drive for customer satisfaction and business diversification,” said Mueller. “The added sales will solidify an already expanding ceramic business for the Laurens facility. Additional resources will be added in the coming months to fulfill the new requirements.”

For more information, visit www2.ceramtec.com. Rockwood’s website is located at www.rockwoodspecialties.com.