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Last updated on April 17, 2014 at 21:23 EDT

Albemarle recognizes excellence in innovation

April 24, 2013

BATON ROUGE, La., April 24, 2013 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, recently hosted its fifth annual Technology Days in Baton Rouge, Louisiana. The four day event, which kicked off on April 8(th), provided an opportunity for Albemarle employees from around the world to share knowledge, discuss R&D strategies, and present findings on new technologies and products under development. The highlight of the event was an awards banquet where employees were recognized for their outstanding achievements in four separate categories: Patents, Green Chemistry and Engineering, Technology and Commercialized Products. This year, 187 of our more than 4300 employees received awards.

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“With over 33% of our revenues derived from sales of new products and 163 new patents awarded to Albemarle in 2012, it is clear that the knowledge and creativity of our employees is driving the future success of our company,” said Dave Clary, Chief Sustainability Officer at Albemarle. “This event continues to encourage collaboration and innovation and to recognize our employees’ contributions to not only Albemarle and the specialty chemicals industry, but also the world in which we live.”

“Technology Days has become a catalyst for the development of innovative solutions at Albemarle,” said Peggy Matherne, Global R&D Director at Albemarle. “Each year, we hear from some of the brightest minds in the industry as they discuss their ideas for improving the science behind what we do. It is these ideas that form the basis of our next-generation products and technologies.”

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 selected Albemarle to its prestigious “100 Best Corporate Citizens” list for 2010, 2011 and 2013. Albemarle employs approximately 4,300 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 we serve.

“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.

SOURCE Albemarle Corporation


Source: PR Newswire