page_title: Albemarle Corporation
section_title: History
hierarchical_section_title: Albemarle Corporation / History
caption_attribution_description: Nederlands: Chemische fabriek Albemarle in Amsterdam-Noord
context_page_description: Albemarle Corporation is a chemical company with corporate headquarters in Charlotte, North Carolina. It is a specialty chemical manufacturing enterprise. The company employs approximately 5,400 people and has customers in approximately 100 countries.
context_section_description: In February 1994, Ethyl Corporation spun off its chemical businesses to create an independent, publicly traded company named Albemarle Corporation. Albemarle was headquartered in Richmond, VA, until 2008 when it announced plans to move its corporate headquarters to Baton Rouge, LA. In 2015 the company announced the relocation of its headquarters from Baton Rouge, Louisiana to Charlotte, North Carolina.
  In July 1994, The Albemarle Corporation expanded itself by acquiring the Asano Corporation, a sales and marketing company headquartered in Tokyo, Japan.
  In 1998, the Albemarle Corporation bought a custom manufacturing and oilfield chemicals plant in Teesport, England. In the same year, a joint venture was signed between Jordan Dead Sea Industries Company, Arab Potash Company, and one of Albemarle Corporation's subsidiaries. Another joint venture was signed in 2000 by the corporation and Jinhai Chemical and Industry Company, located in China. More chemical plants were opened within the next five years in Port-de-Bouc, France and Bergheim, Germany (after the acquisition of Martinswerk GmbH).
  Since 2000, Albemarle Corporation has acquired assets of Ferro Corporation's PYRO-CHEK flame retardant business; Martinswerk GmbH; the custom and fine chemicals businesses of ChemFirst Inc.; the Ethyl Corporation's fuel and lubricant antioxidants business; the phosphorus-based polyurethane flame retardants businesses of Rhodia; Atofina S.A.'s (Paris) bromine fine chemicals business; Taerim International Corporation, and the refinery catalyst business of Akzo Nobel N.V.
  Also in 2000, Albemarle Corporation, Cytec Industries Inc., and GE Specialty Chemicals, Inc., a subsidiary of General Electric Company, announced their intention to form a new business-to-business internet joint venture, PolymerAdditives.com. The creation of this venture was intended to help provide materials faster and more efficiently directly from trusted suppliers.
  In the years following, Albemarle acquired its refinery catalysts platform from Akzo Nobel N.V. in 2004 with sites and/or joint ventures in the Netherlands, Houston, France, Brazil, Japan and Singapore. In partnership with UOP, Albemarle created the Hydroprocessing Alliance in 2006 to deliver integrated refinery solutions and hydroprocessing technologies and catalysts to the refining industry.
  Albemarle continued its international expansion in 2007, opening a new regional sales office in Dubai to meet growing market needs in India and the Middle East. In 2008, Albemarle and Weifang Sinobrom Import and Export Company, Ltd. (Sinobrom) reached an agreement in principle to form a new joint venture that will combine the existing business of Sinobrom, a leading marketer of bromine derivatives in China, with Albemarle's global bromine expertise in the specialty chemical industry, forming Sinobrom Albemarle Bromine Chemicals (Shandong) Company Ltd. in 2009, Albemarle and Saudi Basic Industries Corporation (SABIC) Affiliate, TAYF, create Saudi Organometallic Chemicals Company (SOCC), a Strategic Catalysts Joint Venture, to build a world-scale organometallics production facility strategically located in the Persian Gulf industrial city of Al-Jubail.
  In 2012, Albemarle introduced its Electronic Materials business unit and expanded its production capabilities for finished polyolefin catalysts in Baton Rouge. Albemarle also expanded its South Haven API production site and upgraded its multi-product cGMP active pharmaceutical ingredient (API) manufacturing facility. In 2014, Albemarle completed the sale of its antioxidant, ibuprofen and propofol businesses to SI Group, allowing an increased focus on its bromine and catalyst franchises.
  Albermarle was one of the three different chemical companies that backed the Citizens for Fire Safety industry group that influenced fire-safety policy by lobbying for use of flame retardant, one of their leading products, in consumer products like furniture and baby products.
caption: Albemarle facility located in Amsterdam.
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