Albemarle starts-up new single site catalyst commercial plant in South Korea

 Albemarle starts-up new single site catalyst commercial plant in South Korea

PR Newswire

YEOSU, South Korea, Aug. 7, 2013

YEOSU, South Korea, Aug. 7, 2013 /PRNewswire/ -- Albemarle Corporation (NYSE:
ALB), announced today the successful start-up of a new catalyst manufacturing
plant at its facility in Yeosu, South Korea. The plant will produce
commercial quantities of single site metallocene catalysts, including grades
enhanced by Albemarle's proprietary ActivCat® activation technology, as well
as catalyst components such as methylaluminoxane (MAO).

(Logo: http://photos.prnewswire.com/prnh/20111129/MM14279LOGO )

With this new plant, the state-of-art Yeosu facility now offers a fully
integrated platform able to produce lab, pilot and commercial quantities of
metallocene catalysts to support the growing needs of polyolefin producers
around the world, including those in the high-growth Asia-Pacific region.

"The commercial unit in Yeosu is the latest in a series of investments that we
have undertaken to meet the growing global demand for metallocene and single
site finished catalysts," said Amy Hebert, vice president of Albemarle's
Catalysts global business unit. "With these new assets, we are not only
increasing capacity and improving our portfolio, we are bringing the finished
product closer to the end-user."

"With metallocene catalyst production capabilities located in both Yeosu and
Baton Rouge, we now offer customers around the world an unmatched security of
supply," said Raphael Crawford, vice president of Albemarle's Performance
Catalyst Solutions division. "And, our integrated scale-up capabilities
enable us to partner with customers for increased speed-to-market."

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 4,200 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

Website: http://www.albemarle.com
Contact: Albemarle Media Contact: Ashley Mendoza, (225) 388-7137,
Ashley.Mendoza@albemarle.com, or Albemarle Investor Relations Contact: Lorin
Crenshaw, (225) 388-7322, Lorin.Crenshaw@albemarle.com
 
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