Albemarle Corporation Forms Albemarle Environmental Division
Albemarle Corporation (NYSE: ALB), a global developer, manufacturer and marketer of highly engineered specialty chemicals, today announced the formation of Albemarle Environmental Division. The newly-formed division focuses the resources of Albemarle Corporation in this important market segment within the air pollution control industry.
Albemarle Environmental Division is focused on expanding the product and service offerings for Albemarle's environmental business through the development of multi-pollutant control technologies. William S. Pickrell has been appointed to Global Business Director, replacing Sid Nelson Jr. 'This new organization is positioned to provide the products and services to meet the increasing demands of the market segments we serve. I am excited to be leading this division as we develop and bring to market innovative technologies for pollution control,' said Mr. Pickrell.
Mr. Pickrell has over 28 years of experience in the specialty chemicals industry including 15 years of sales and sales management experience within the industrial water treatment industry and 10 years of business management experience for Albemarle Corporation. Prior to assuming his current role, Mr. Pickrell served as Global Business Manager, based in Tokyo, Japan, for three years with responsibility for Biocides, Food Safety and Brominated Solvents business groups for Albemarle Corporation. Mr. Pickrell earned a Bachelor of Science in Biology and Masters of Science in Aquatic Biology from Stephen F. Austin State University in 1979 and 1984, respectively.
Albemarle Environmental Division is a part of the company's Fine Chemistry Global Business Unit and is a full-service, solution provider to the coal-fired utility, cement kiln, and industrial boiler markets, supplying a variety of proprietary, powder activated carbon (PAC) sorbents, advanced sorbent injection systems, bromine chemicals for mercury removal, and testing and demonstration services.
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 and 2011. Albemarle employs approximately 4,000 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