October 27, 2008
Albemarle Launches New ActivCat(TM) Technology
BATON ROUGE, La., Oct. 27 /PRNewswire-FirstCall/ -- Albemarle Corporation a global leader in supported single-site catalyst production and metallocene catalyst components, has created a revolutionary new activator/single-site catalyst program that delivers twice the typical productivity of conventional products.
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Albemarle's customers can be assured that they will be at the forefront of the polyolefin resin market when combining the cost-in use benefits of ActivCat with the resin properties derived from their proprietary catalyst systems.
Albemarle's new ActivCat activation technology delivers: -- Extended intellectual property potential for custom catalyst systems, which could create barriers that protect current market channels; -- Improved value for commercial catalyst systems; and -- Optimized cost-in-use and increased market penetration rate for newly commercialized catalyst systems.
ActivCat was created by a select group of Albemarle's research and development professionals solely dedicated to the ongoing pursuit of enhanced activation technology. Customers taking advantage of this proprietary new program not only benefit from the unique properties of the breakthrough ActivCat technology, they also have access to Albemarle's industry-leading expertise, and consultative services.
"Our new ActivCat process truly represents the future of activation technology and reinforces Albemarle's position as the global leader in creating advanced programs that deliver significant value to the marketplace," said Amy Motto, vice president of Albemarle's polyolefins catalyst division.
"Our team will continue to aggressively focus on developing ground-breaking activation technologies that maximize profit and productivity, while providing premier customer service to our clients," Chris Knight, global business manager of catalysts and components.
Albemarle is a fully integrated single-site and custom Ziegler-Natta catalyst supplier focused on development, commercialization and production of catalyst systems and components for the industry leaders in polyolefin catalyst development and resin production.
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading producer of specialty chemicals for consumer electronics; transportation and industrial products; pharmaceuticals; agricultural products; construction and packaging materials. The company's three business segments, Polymer Additives, Catalysts and Fine Chemicals serve customers in nearly 100 countries, generating annual revenue of approximately $2.4 billion. Learn more about Albemarle at 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 which 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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