Dealing with supply and demand

A demand for alternative and hybrid electric vehicles is good for the environment, but it comes at a bit of a cost for companies that suddenly find themselves struggling to deal with demand. 

Lack of supplies can drive up the cost of items and reduce the quality of the final product.  But Rockwood Holdings, Inc. hasn’t had any of these problems, as they partnered with Kohlberg Kravis Roberts (KKR) in order to be able to expand and take on the ambitious projects necessary to meet the growing demand. 

With KKR’s help, Rockwood was able to build a state-of-the-art lithium hydroxide plant in Kings Mountain, N.C. that will produce high purity lithium hydroxide for the advanced transportation batteries used in plug-in electric vehicles.

Not just that, but Rockwood has grown fivefold, creating hundreds of new manufacturing jobs, creating new surface treatment plants, and building a Global Technical Center for Lithium at Kings Mountain, N.C. which will bring together engineers and scientists to drive innovation.