BATON ROUGE, La., Aug. 19, 2010 /PRNewswire-FirstCall/ -- Albemarle Corporation , a leader in the development, manufacture and marketing of flame retardants, announced today that it will increase prices of MARTINAL® flame retardants on global shipments beginning October 1, 2010, or as contracts allow at the following rates:
-- MARTINAL® ON ground and low-viscosity grades by 10% -- MARTINAL® LEO fine precipitated grades by 15% -- MARTINAL® LE fine precipitated grades by 20% (Logo: http://photos.prnewswire.com/prnh/20050801/ALBEMARLELOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20050801/ALBEMARLELOGO )
Albemarle's mineral flame retardants are part of the company's fire safety solutions within the polymer solutions business segment.
About Albemarle
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer, and marketer of highly-engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. The Company is committed to global sustainability and is advancing its eco-practices and solutions in its three business segments, Polymer Solutions, Catalysts and Fine Chemistry. Corporate Responsibility Magazine recently selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2010. Albemarle employs approximately 4,000 people and serves customers in approximately 100 countries. To learn more, visit http://www.albemarle.com/.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
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Albemarle Corporation
CONTACT: Media, Brandi Narez, +1-225-388-7505,
Brandi.Narez@albemarle.com, or Investor Relations, Sandra Rodriguez,
+1-225-388-7654, Sandra.Rodriguez@albemarle.com
Web Site: http://www.albemarle.com/
