Rockwood Closes Sale of AlphaGary Plastic Compounding Business for $300M

Rockwood Holdings Inc. ROC announced today that is has completed and closed the sale of the AlphaGary plastic compounding business to Mexichem S.A.B.de C.V. effective January 7, 2011 for $300 million in cash. AlphaGary, which comprised substantially all of Rockwood's Specialty Compounds segment, had $224.6 in net sales and $33.5 million in Adjusted EBITDA for the twelve months ended September 30, 2010.