BATON ROUGE, Louisiana,
May 14, 2015 /PRNewswire/
-- Chemetall, a global business unit of Albemarle Corporation
(NYSE: ALB), announced today that it has acquired the business of
Chemal GmbH & Co. KG, based in Hamm, Germany. This transaction will enhance
Chemetall's integrated portfolio for the Aluminum Finishing
industry.
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Founded in 1975, Chemal GmbH & Co. KG specializes in
research and development of surface finishing chemicals for
aluminum and its alloys with emphasis on anodizing and pretreatment
technologies. With an extensive history of success, Chemal has
become a reference point for the surface finishing of aluminum.
"Consisting of advanced pretreatment and anodizing technologies,
Chemetall is one of the few players globally positioned with a
comprehensive product range for the Aluminium Finishing industry,"
says Joris Merckx, President Chemetall. "This transaction will
expand our expertise in this market and, combined with strong
technical services offered by our wholly-owned subsidiaries around
the world, will enable us to further expand our presence in a key
market."
Chemetall has achieved a growing reputation in the Aluminium
Finishing industry. With chrome-free pretreatment technologies,
such as the zirconium-titanium Gardobond® X and the
silane-based, multi-metal Oxsilan® technology, the
company has taken a leading role in launching innovative and high
quality processes to the market. "Our customers expect us to
deliver a full portfolio of solutions to meet upcoming
environmental legislation and achieve process cost savings," says
Martin Ings, Global Segment Manager
Aluminium Finishing. "With the completion of this acquisition we
can offer differentiated products and services to bring true value
for our customers with minimal investments," Mr. Ings added.
About Albemarle
Albemarle Corporation, headquartered
in Baton Rouge, Louisiana, is
a premier specialty chemicals company with leading positions in
attractive end markets around the world. With a broad customer
reach and diverse end markets, Albemarle develops, manufactures and
markets technologically advanced and high value added products,
including lithium and lithium compounds, bromine and bromine
derivatives, catalysts and surface treatment chemistries used in a
wide range of applications including consumer electronics, flame
retardants, metal processing, plastics, contemporary and
alternative transportation vehicles, refining,
pharmaceuticals, agriculture, construction and custom chemistry
services. Albemarle is focused on delivering differentiated,
performance-based technologies that deliver innovative and
sustainable solutions to its customers. Albemarle employs
approximately 6,900 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 Albemarle, its businesses and the markets it
serves.
Chemetall Surface Treatment, a global business unit of Albemarle
Corporation, is a leading global supplier of specialty chemicals
with a focus on processes for the surface treatment of metals and
plastics. To learn more, visit www.chemetall.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Albemarle'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 Albemarle's
Annual Report on Form 10-K and its Quarterly Reports on Form
10-Q.