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Albemarle to reorganize business units

9:46 AM MDT | September 24, 2013 | Vincent Valk

Albemarle will reorganize its business structure, reducing the number of reporting segments at the company from three to two, effective 1 January 2014, it says. The two business units will be called performance chemicals and catalyst solutions. The performance chemicals unit will encompass Albemarle’s brominated flame retardants, minerals and custom manufacturing businesses, while the catalyst solutions unit will house various catalyst businesses and antioxidants. Currently, Albemarle has three business units: catalysts, polymer solutions, and fine...

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