OM Group reports net sales increase

"We continued to enjoy strong demand in the second quarter across various end markets, particularly within Advanced Materials and Battery Technologies," said Joseph Scaminace, chairman and CEO.

In the advanced materials segment, net sales were $165.2 million, up 10%, while product sales volumes rose 20%, with strong, double-digit growth in all end markets. Other volume increased 34% due to higher copper contained in the mix of raw material feed.