Albemarle invested in South Korea

American Albemarle Corporation has invested in Asia Pacific region of Yeosu, South Korea.

It mainly invested on two sides,one investment is in in metallocene catalysts by leveraging its breakthrough ActivCat(TM) technology for polyolefin production,the other is to leverage its 50+ years of production experience in metal organics to supply High Purity Metal Organics (HPMOs) such as TMG to the High Brightness LED (HBLED) market.

It’s said that followed by pilot samples for qualification trials with local customers this year, the Yeosu site will be capable of producing mPO catalyst lab samples. And
Intermediate commercial operations will begin in mid-2011, with the commercial facility being fully operational in 2012.

The site will produce finished catalysts, activators like methylaluminoxane (MAO) and organoborons, as well as metallocene components.

The site will also purify metal organics, creating a portfolio of HPMOs for electronic applications. TMG production will begin in early 2011, with other HPMOs phased into the project throughout 2011.

About Albemarle
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a global supplier of catalysts and components to the $2 billion polyolefins market. Albemarle's market leading technologies include metal organics, organoboron activators, electron donors, metallocenes, Ziegler PE and supported metallocene PE and PP catalysts.

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