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Stabilizers - Business news

- 6 March 2008 -
Albemarle to expand antioxidant production in China

Albemarle Corporation is set to double antioxidant production capacity at Shanghai Jinhai Albemarle Fine Chemicals Co., Ltd., part of the Jinhai Albemarle manufacturing joint venture in which Albemarle gained a majority ownership stake last year.

The company says that the expansion will allow Jinhai Albemarle to maintain its market position as the leading manufacturer and supplier of polymer antioxidants in China. Jinhai Albemarle currently supplies antioxidants to many Chinese petrochemical companies from two integrated production sites in China. The company will also increase exports from the Shanghai and Ningbo plants to the growing regional and global plastics marketplace.

Albemarle Corporation; www.albemarle.com

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