BATON ROUGE, La., Aug. 27, 2015 /PRNewswire/ -- Albemarle
Corporation (NYSE: ALB), a leader in the development,
manufacture and marketing of flame retardants, announced today that
it is continuing with the qualification and commercialization of
its GreenCrest® polymeric fire safety solution, which is
based on technology licensed from Dow Global Technologies LLC, a
subsidiary of The Dow Chemical Company.
GreenCrest® is a sustainable alternative for customers
transitioning from hexabromocyclododecane (HBCD)-based flame
retardants. It is commercially available in both powder and
compacted grades for use in expanded (EPS) and extruded (XPS)
polystyrene foam applications.
About Albemarle
Albemarle Corporation, headquartered
in Baton Rouge, Louisiana, is a
premier specialty chemicals company with leading positions in
attractive end markets around the world. With a broad customer
reach and diverse end markets, Albemarle develops, manufactures and
markets technologically advanced and high value added products,
including lithium and lithium compounds, bromine and bromine
derivatives, catalysts and surface treatment chemistries used in a
wide range of applications including consumer electronics, flame
retardants, metal processing, plastics, contemporary and
alternative transportation vehicles, refining,
pharmaceuticals, agriculture, construction and custom chemistry
services. Albemarle is focused on delivering differentiated,
performance-based technologies that deliver innovative and
sustainable solutions to its customers. The Company employs
approximately 6,900 people and serves customers in approximately
100 countries. Albemarle regularly posts information to
www.albemarle.com, including notification of events, news,
financial performance, investor presentations and webcasts,
Regulation G reconciliations, SEC filings and other information
regarding the Company, its businesses and the markets it
serves.
"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 and its Quarterly Reports on Form
10-Q.
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SOURCE Albemarle Corporation